Post Utme Ims U 2017 Commerce Question 32
Practice objective / multiple choice question 32 from the 2017 Post Utme Ims U Commerce examination.
A consumer has a utility function given by U(x,y) = 2x + 3y. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦10 respectively, what is the optimal bundle of x and y?
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This is Post Utme Ims U 2017 Commerce Question 32. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.
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