Post Utme Ims U 2021 Economics Question 14
Practice objective / multiple choice question 14 from the 2021 Post Utme Ims U Economics examination.
A consumer's budget constraint is given by 2x + 3y = 12, where x and y are the quantities of two goods consumed. If the consumer's utility function is U(x, y) = 2x + 3y, find the optimal quantities of x and y that maximize the consumer's utility.
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About This Question
This is Post Utme Ims U 2021 Economics Question 14. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.
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