Post Utme Covenant University 2019 Economics Question 16
Practice objective / multiple choice question 16 from the 2019 Post Utme Covenant University Economics examination.
A consumer's indifference curve is represented by the equation ( u(x,y) = 2x + 3y ). If the consumer's income is ₦1000 and the prices of x and y are ₦2 and ₦3 respectively, find the optimal bundle of x and y.
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This is Post Utme Covenant University 2019 Economics Question 16. It is one of the objective questions from the 2019 Post Utme Covenant University Economics examination.
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