Post Utme Caleb University 2023 Economics Question 28
Practice objective / multiple choice question 28 from the 2023 Post Utme Caleb University Economics examination.
A consumer is faced with the following utility function: U(x,y) = 2x + 3y. If the prices of x and y are $2 and $3 respectively, and the consumer's income is $10, what would be the optimal consumption bundle?
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This is Post Utme Caleb University 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Caleb University Economics examination.
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