Post Utme Nile University 2017 Commerce Question 34
Practice objective / multiple choice question 34 from the 2017 Post Utme Nile University Commerce examination.
A consumer has a budget constraint of ₦1200 and a utility function given by U(x,y) = 3x + 2y. If the price of good x is ₦6 and the price of good y is ₦4, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Nile University 2017 Commerce Question 34. It is one of the objective questions from the 2017 Post Utme Nile University Commerce examination.
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