Post Utme Noun 2023 Economics Question 3
Practice objective / multiple choice question 3 from the 2023 Post Utme Noun Economics examination.
A consumer's utility function is given by U(x, y) = 2x + 3y, where x is the number of units of good X consumed and y is the number of units of good Y consumed. If the consumer's budget constraint is 2x + 3y = 12, find the optimal consumption bundle.
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About This Question
This is Post Utme Noun 2023 Economics Question 3. It is one of the objective questions from the 2023 Post Utme Noun Economics examination.
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