Post Utme Lautech 2018 Economics Question 30
Practice objective / multiple choice question 30 from the 2018 Post Utme Lautech Economics examination.
A consumer has a utility function given by U = 2x + 3y, where x and y are the quantities of two goods consumed. The budget constraint is given by 2x + 3y = 100. What is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Lautech 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.
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