Post Utme Nile University 2018 Economics Question 28
Practice objective / multiple choice question 28 from the 2018 Post Utme Nile University Economics examination.
A consumer has an income of ₦1000 and faces the following prices for two goods, X and Y: PX = ₦200 and PY = ₦300. The consumer's utility function is given by U = 2X + 3Y. Find the consumer's optimal consumption bundle.
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About This Question
This is Post Utme Nile University 2018 Economics Question 28. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.
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