Post Utme Pan Atlantic University 2020 Economics Question 27
Practice objective / multiple choice question 27 from the 2020 Post Utme Pan Atlantic University Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods. If the consumer's income is ₦1000 and the prices of the two goods are ₦2 and ₦3 respectively, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Pan Atlantic University 2020 Economics Question 27. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Economics examination.
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