Post Utme Nile University 2021 Economics Question 12
Practice objective / multiple choice question 12 from the 2021 Post Utme Nile University Economics examination.
A consumer has a utility function given by U(x, y) = 2x + 3y. If the consumer's budget constraint is 2x + 3y = 12, and the prices of x and y are $2 and $3 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Nile University 2021 Economics Question 12. It is one of the objective questions from the 2021 Post Utme Nile University Economics examination.
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