Post Utme Madonna University 2021 Economics Question 17
Practice objective / multiple choice question 17 from the 2021 Post Utme Madonna 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 ₦1000, 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 Madonna University 2021 Economics Question 17. It is one of the objective questions from the 2021 Post Utme Madonna University Economics examination.
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