Post Utme Covenant University 2021 Economics Question 13
Practice objective / multiple choice question 13 from the 2021 Post Utme Covenant University Economics examination.
A consumer has a budget of ₦1000 and faces the following prices for two goods: good X \costs ₦200 and good Y \costs ₦300. If the consumer's utility function is given by U = 2X + 3Y, what is the optimal bundle of goods that the consumer will choose?
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About This Question
This is Post Utme Covenant University 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Covenant University Economics examination.
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