Post Utme Lead City University 2022 Economics Question 22
Practice objective / multiple choice question 22 from the 2022 Post Utme Lead City University Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods. If the consumer's budget constraint is 10x + 5y = 100, what is the optimal bundle of goods that maximizes utility?
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About This Question
This is Post Utme Lead City University 2022 Economics Question 22. It is one of the objective questions from the 2022 Post Utme Lead City University Economics examination.
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