Post Utme Bowen University 2021 Economics Question 19
Practice objective / multiple choice question 19 from the 2021 Post Utme Bowen University Economics examination.
A consumer's utility function is given by U(x,y) = 3x + 2y. If the consumer's income is ₦1200 and the prices of x and y are ₦8 and ₦12 respectively, find the consumer's optimal bundle of x and y.
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About This Question
This is Post Utme Bowen University 2021 Economics Question 19. It is one of the objective questions from the 2021 Post Utme Bowen University Economics examination.
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