Post Utme Greenfield University 2021 Economics Question 14
Practice objective / multiple choice question 14 from the 2021 Post Utme Greenfield University Economics examination.
A consumer has a budget of ₦1000 and a preference for two goods, A and B. The prices of the goods are ₦200 and ₦300 respectively. If the consumer's indifference curves are given by the equation U = 2x + 3y, where x and y are the quantities of goods A and B respectively, find the quantities of goods A and B that the consumer will purchase.
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About This Question
This is Post Utme Greenfield University 2021 Economics Question 14. It is one of the objective questions from the 2021 Post Utme Greenfield University Economics examination.
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