Post Utme Igbinedion University 2023 Economics Question 39
Practice objective / multiple choice question 39 from the 2023 Post Utme Igbinedion University Economics examination.
A consumer's budget constraint is given by 2x + 3y = 12, where x is the number of units of good X and y is the number of units of good Y. If the consumer's utility function is U(x,y) = 2x + 3y, find the optimal values of x and y.
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This is Post Utme Igbinedion University 2023 Economics Question 39. It is one of the objective questions from the 2023 Post Utme Igbinedion University Economics examination.
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