Post Utme Greenfield University 2023 Economics Question 9
Practice objective / multiple choice question 9 from the 2023 Post Utme Greenfield University Economics examination.
A consumer has a budget of ₦1000 and faces a price of ₦200 for a good. If the consumer's indifference curve is given by the equation U = 2x + 3y, where x is the quantity of the good consumed and y is the quantity of a complementary good, what is the optimal quantity of the good consumed?
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About This Question
This is Post Utme Greenfield University 2023 Economics Question 9. It is one of the objective questions from the 2023 Post Utme Greenfield University Economics examination.
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