Post Utme Coal City University 2023 Economics Question 40
Practice objective / multiple choice question 40 from the 2023 Post Utme Coal City University Economics examination.
A consumer has a utility function given by ( U(x,y) = 2x + 3y ), where x and y are the quantities of two goods consumed. If the consumer's income is ₦1000 and the prices of the two goods are ₦2 and ₦3 respectively, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Coal City University 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Coal City University Economics examination.
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