Post Utme Esut 2017 Economics Question 38
Practice objective / multiple choice question 38 from the 2017 Post Utme Esut Economics examination.
A consumer has the following utility function: U = 2x + 3y, where x and y are the quantities of two goods. If the prices of the two goods are ₦50 and ₦75 respectively, and the consumer has a budget of ₦150, what is the optimal quantity of good x?
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About This Question
This is Post Utme Esut 2017 Economics Question 38. It is one of the objective questions from the 2017 Post Utme Esut Economics examination.
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