Post Utme Lasu 2018 Economics Question 13
Practice objective / multiple choice question 13 from the 2018 Post Utme Lasu Economics examination.
A consumer's utility function is given by the equation U(x, y) = 2x + 3y, where x is the number of units of good X and y is the number of units of good Y. If the consumer's budget constraint is given by the equation 2x + 3y = 12, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Lasu 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.
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