Post Utme Mountain Top University 2022 Commerce Question 28
Practice objective / multiple choice question 28 from the 2022 Post Utme Mountain Top University Commerce examination.
A consumer has a utility function given by U = 2x + 3y, where U is the utility and x and y are the quantities of two goods. If the consumer wants to maximize utility, what is the optimal combination of x and y?
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This is Post Utme Mountain Top University 2022 Commerce Question 28. It is one of the objective questions from the 2022 Post Utme Mountain Top University Commerce examination.
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