Post Utme Madonna University 2024 Economics Question 34
Practice objective / multiple choice question 34 from the 2024 Post Utme Madonna University Economics examination.
A consumer is faced with the following utility function: U = 2x + 3y, where x is the number of units of good X and y is the number of units of good Y. If the consumer's income is ₦12 and the price of good X is ₦2 per unit, what is the optimal bundle of goods that the consumer will choose?
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About This Question
This is Post Utme Madonna University 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Madonna University Economics examination.
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