Post Utme Greenfield University 2020 Economics Question 38
Practice objective / multiple choice question 38 from the 2020 Post Utme Greenfield University Economics examination.
A consumer has a budget of ₦1000 and a utility function given by U(x, y) = 2x + 3y, where x and y are the quantities of two goods. If the prices of the goods are ₦5 and ₦10 respectively, what is the optimal bundle of goods?
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About This Question
This is Post Utme Greenfield University 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Greenfield University Economics examination.
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