Post Utme Covenant University 2021 Economics Question 6
Practice objective / multiple choice question 6 from the 2021 Post Utme Covenant University Economics examination.
A consumer's indifference curve is given by the equation ( u(x,y) = 2x + 3y ). If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, find the optimal bundle of x and y.
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This is Post Utme Covenant University 2021 Economics Question 6. It is one of the objective questions from the 2021 Post Utme Covenant University Economics examination.
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