Post Utme Lautech 2024 Economics Question 16
Practice objective / multiple choice question 16 from the 2024 Post Utme Lautech Economics examination.
A consumer's budget constraint is given by the equation 2x + 3y = 12, where x is the number of units of good X and y is the number of units of good Y. If the consumer's indifference curve is given by the equation u = 2x + 3y, what is the consumer's optimal bundle?
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This is Post Utme Lautech 2024 Economics Question 16. It is one of the objective questions from the 2024 Post Utme Lautech Economics examination.
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