Post Utme Caleb University 2022 Commerce Question 30
Practice objective / multiple choice question 30 from the 2022 Post Utme Caleb University Commerce examination.
A consumer's utility function is given by U(x,y) = 2x + 3y. If the consumer's current income is ₦1000 and the prices of x and y are ₦2 and ₦3, respectively, what is the consumer's optimal bundle?
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This is Post Utme Caleb University 2022 Commerce Question 30. It is one of the objective questions from the 2022 Post Utme Caleb University Commerce examination.
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