Post Utme Lead City University 2022 Economics Question 39
Practice objective / multiple choice question 39 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 income is ₦100 and the prices of the two goods are ₦5 and ₦10 respectively, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Lead City University 2022 Economics Question 39. It is one of the objective questions from the 2022 Post Utme Lead City University Economics examination.
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