Post Utme Madonna University 2025 Economics Question 39
Practice objective / multiple choice question 39 from the 2025 Post Utme Madonna University Economics examination.
A consumer's utility function is given by the equation U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer sp\ends ₦1,000 on the two goods, and the price of good x is ₦20 and the price of good y is ₦30, what is the utility?
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About This Question
This is Post Utme Madonna University 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Madonna University Economics examination.
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