Post Utme Lasu 2020 Economics Question 5
Practice objective / multiple choice question 5 from the 2020 Post Utme Lasu Economics examination.
A consumer's budget constraint is given by 2x + 3y = 12. If the consumer's income is ₦12, and the price of good x is ₦2 per unit, while the price of good y is ₦3 per unit, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Lasu 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Lasu Economics examination.
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