Post Utme Lead City University 2017 Economics Question 31
Practice objective / multiple choice question 31 from the 2017 Post Utme Lead City University Economics examination.
Consider a consumer with a utility function U(x,y) = 2x + 3y - xy. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, what is the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Lead City University 2017 Economics Question 31. It is one of the objective questions from the 2017 Post Utme Lead City University Economics examination.
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