Post Utme Bsu 2022 Economics Question 4
Practice objective / multiple choice question 4 from the 2022 Post Utme Bsu Economics examination.
A consumer's budget constraint is given by P_xX + P_yY = I, where P_x and P_y are the prices of goods X and Y, respectively, X and Y are the quantities of goods X and Y consumed, and I is the consumer's income. If the consumer's income is I = 100, the price of good X is P_x = 10, and the price of good Y is P_y = 20, what is the consumer's optimal quantity of good Y?
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About This Question
This is Post Utme Bsu 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Bsu Economics examination.
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