Post Utme Christopher University 2021 Economics Question 37
Practice objective / multiple choice question 37 from the 2021 Post Utme Christopher University Economics examination.
A consumer has a utility function given by U = 2x + 3y, where x and y are the quantities of two goods. If the prices of the two goods are ₦50 and ₦100 respectively, and the consumer's budget is ₦500, what is the optimal bundle of goods?
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About This Question
This is Post Utme Christopher University 2021 Economics Question 37. It is one of the objective questions from the 2021 Post Utme Christopher University Economics examination.
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