Post Utme Madonna University 2021 Economics Question 14
Practice objective / multiple choice question 14 from the 2021 Post Utme Madonna University Economics examination.
A consumer's budget constraint is given by the equation \( 2x + 3y = 100 \). If the consumer's income is ₦100 and the price of good x is ₦2 per unit, while the price of good y is ₦3 per unit, what is the optimal combination of good x and good y?
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About This Question
This is Post Utme Madonna University 2021 Economics Question 14. It is one of the objective questions from the 2021 Post Utme Madonna University Economics examination.
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