Post Utme Joseph Ayo Babalola University 2021 Economics Question 32
Practice objective / multiple choice question 32 from the 2021 Post Utme Joseph Ayo Babalola University Economics examination.
A consumer's utility function is given by U(x, y) = 2x + 3y. If the consumer has a budget of ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, what is the consumer's optimal bundle?
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This is Post Utme Joseph Ayo Babalola University 2021 Economics Question 32. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Economics examination.
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