Post Utme Eksu 2021 Economics Question 37
Practice objective / multiple choice question 37 from the 2021 Post Utme Eksu Economics examination.
A consumer has a utility function U(x,y) = 2x + 3y. If the prices of x and y are ₦5 and ₦3 respectively, and the consumer's income is ₦50, determine the optimal bundle of x and y that the consumer will purchase.
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About This Question
This is Post Utme Eksu 2021 Economics Question 37. It is one of the objective questions from the 2021 Post Utme Eksu Economics examination.
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