Post Utme Bowen University 2024 Commerce Question 18
Practice objective / multiple choice question 18 from the 2024 Post Utme Bowen University Commerce examination.
A consumer has a budget of ₦1000 and faces the following prices: ( P_x = 2x + 5 ) and ( P_y = 3y + 2 ). The consumer's utility function is given by ( U = 2x + 3y ). What is the consumer's optimal bundle of goods?
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This is Post Utme Bowen University 2024 Commerce Question 18. It is one of the objective questions from the 2024 Post Utme Bowen University Commerce examination.
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