Post Utme Mountain Top University 2022 Economics Question 26
Practice objective / multiple choice question 26 from the 2022 Post Utme Mountain Top 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 optimal bundle of goods?
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About This Question
This is Post Utme Mountain Top University 2022 Economics Question 26. It is one of the objective questions from the 2022 Post Utme Mountain Top University Economics examination.
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