Post Utme Elizade University 2018 Commerce Question 8
Practice objective / multiple choice question 8 from the 2018 Post Utme Elizade University Commerce examination.
A consumer has a budget of ₦1000 and a utility function given by U = 2x + 3y. If the prices of x and y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Elizade University 2018 Commerce Question 8. It is one of the objective questions from the 2018 Post Utme Elizade University Commerce examination.
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