Post Utme Osustech 2017 Commerce Question 29
Practice objective / multiple choice question 29 from the 2017 Post Utme Osustech Commerce examination.
A consumer has a utility function U(x,y) = 2x + 3y, where x and y are the quantities of two different products consumed. If the consumer's income is ₦10,000 and the prices of the two products are ₦2,000 and ₦3,000 respectively, what is the consumer's optimal bundle of products?
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About This Question
This is Post Utme Osustech 2017 Commerce Question 29. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.
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