Post Utme Futo 2023 Economics Question 12
Practice objective / multiple choice question 12 from the 2023 Post Utme Futo Economics examination.
A consumer's utility function is given by U(x,y) = 2x + 3y. If the consumer's income is ₦1,000 and the prices of x and y are ₦50 and ₦75 respectively, what is the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Futo 2023 Economics Question 12. It is one of the objective questions from the 2023 Post Utme Futo Economics examination.
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