Post Utme Ksu 2021 Economics Question 34
Practice objective / multiple choice question 34 from the 2021 Post Utme Ksu Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods. If the consumer has a budget of ₦100 and the prices of the two goods are ₦5 and ₦10 respectively, what is the utility maximized?
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About This Question
This is Post Utme Ksu 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Ksu Economics examination.
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