Post Utme Covenant University 2020 Economics Question 32
Practice objective / multiple choice question 32 from the 2020 Post Utme Covenant University Economics examination.
A consumer has the following utility function: U(x,y) = 2x + 3y. If the prices of x and y are $2 and $3 respectively, and the consumer has a budget of $10, what is the optimal bundle of x and y?
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About This Question
This is Post Utme Covenant University 2020 Economics Question 32. It is one of the objective questions from the 2020 Post Utme Covenant University Economics examination.
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