Post Utme Elizade University 2017 Commerce Question 15
Practice objective / multiple choice question 15 from the 2017 Post Utme Elizade University Commerce examination.
A consumer has a utility function given by U = 2x + 3y. If the consumer's income is ₦1000 and the prices of the goods are ₦200 and ₦300 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Elizade University 2017 Commerce Question 15. It is one of the objective questions from the 2017 Post Utme Elizade University Commerce examination.
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