Post Utme Pan Atlantic University 2019 Economics Question 32
Practice objective / multiple choice question 32 from the 2019 Post Utme Pan Atlantic University Economics examination.
A consumer has a budget of ₦1,000 and a utility function given by U(x, y) = 2x + 3y, where x and y are the quantities of two goods. The prices of the goods are ₦5 and ₦3, respectively. Find the optimal quantities of the goods.
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About This Question
This is Post Utme Pan Atlantic University 2019 Economics Question 32. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Economics examination.
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