Post Utme Coal City University 2023 Economics Question 34
Practice objective / multiple choice question 34 from the 2023 Post Utme Coal City University Economics examination.
A consumer's utility function is given by ( U(x,y) = 10x + 5y - x^2 - 2y^2 ). If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, find the consumer's optimal bundle of x and y.
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About This Question
This is Post Utme Coal City University 2023 Economics Question 34. It is one of the objective questions from the 2023 Post Utme Coal City University Economics examination.
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