Post Utme Igbinedion University 2019 Economics Question 38
Practice objective / multiple choice question 38 from the 2019 Post Utme Igbinedion University Economics examination.
A consumer's utility function is given by U = 2X + 3Y, where X and Y are the quantities of two goods. If the consumer's income is ₦100 and the prices of the two goods are ₦20 and ₦30 respectively, calculate the consumer's optimal bundle.
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About This Question
This is Post Utme Igbinedion University 2019 Economics Question 38. It is one of the objective questions from the 2019 Post Utme Igbinedion University Economics examination.
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