Post Utme Crawford University 2018 Economics Question 15
Practice objective / multiple choice question 15 from the 2018 Post Utme Crawford University Economics examination.
A consumer's budget constraint is given by the equation 20x + 30y = 100, where x is the quantity of good X and y is the quantity of good Y. If the consumer's income is ₦100 and the prices of good X and good Y are ₦20 and ₦30 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Crawford University 2018 Economics Question 15. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.
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