Post Utme Noun 2024 Economics Question 23
Practice objective / multiple choice question 23 from the 2024 Post Utme Noun Economics examination.
A consumer's utility function is given by u(x, y) = 2x + 3y. If the consumer has a budget of ₦100 and the prices of x and y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle?
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This is Post Utme Noun 2024 Economics Question 23. It is one of the objective questions from the 2024 Post Utme Noun Economics examination.
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