Post Utme Coal City University 2020 Economics Question 22
Practice objective / multiple choice question 22 from the 2020 Post Utme Coal City University Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget constraint is 10x + 5y = 100, and the price of good x is ₦20, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Coal City University 2020 Economics Question 22. It is one of the objective questions from the 2020 Post Utme Coal City University Economics examination.
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