Post Utme Coal City University 2021 Economics Question 9
Practice objective / multiple choice question 9 from the 2021 Post Utme Coal City University Economics examination.
A consumer has the following utility function: U(X,Y) = 2X + 3Y. The prices of X and Y are $2 and $3, respectively. If the consumer has a budget of $15, what is the optimal quantity of X and Y to consume?
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About This Question
This is Post Utme Coal City University 2021 Economics Question 9. It is one of the objective questions from the 2021 Post Utme Coal City University Economics examination.
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