Post Utme Elizade University 2017 Economics Question 33
Practice objective / multiple choice question 33 from the 2017 Post Utme Elizade University Economics examination.
A consumer has the following utility function: \( U = 2x + 3y \), where (x) and (y) are the quantities of two goods. The prices of the goods are ₦5 and ₦10 respectively. If the consumer's income is ₦100, what is the optimal quantity of good (x)?
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About This Question
This is Post Utme Elizade University 2017 Economics Question 33. It is one of the objective questions from the 2017 Post Utme Elizade University Economics examination.
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