Post Utme Bsu 2022 Commerce Question 3
Practice objective / multiple choice question 3 from the 2022 Post Utme Bsu Commerce examination.
A consumer has a utility function given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget is ₦100, and the prices of the two goods are ₦20 and ₦30 respectively, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Bsu 2022 Commerce Question 3. It is one of the objective questions from the 2022 Post Utme Bsu Commerce examination.
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