Post Utme Igbinedion University 2020 Economics Question 3
Practice objective / multiple choice question 3 from the 2020 Post Utme Igbinedion University Economics examination.
A consumer's utility function is given by U(x,y) = 2x + 3y. If the consumer's income is ₦100 and the prices of x and y are ₦5 and ₦3 respectively, what is the consumer's optimal bundle of x and y?
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This is Post Utme Igbinedion University 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.
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