Post Utme Crawford University 2017 Economics Question 17
Practice objective / multiple choice question 17 from the 2017 Post Utme Crawford University Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the prices of the two goods are $2 and $3 respectively, and the consumer's income is $15, what is the consumer's optimal bundle of goods?
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This is Post Utme Crawford University 2017 Economics Question 17. It is one of the objective questions from the 2017 Post Utme Crawford University Economics examination.
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