Post Utme Coal City University 2017 Economics Question 29
Practice objective / multiple choice question 29 from the 2017 Post Utme Coal City University Economics examination.
A consumer in Nigeria is faced with the following budget constraint: 2X + 3Y = 12, where X is the quantity of good X and Y is the quantity of good Y. The consumer's indifference curve is given by U = 2X + 3Y. If the consumer's income is ₦12, what is the optimal combination of goods X and Y?
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About This Question
This is Post Utme Coal City University 2017 Economics Question 29. It is one of the objective questions from the 2017 Post Utme Coal City University Economics examination.
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