Post Utme Pan Atlantic University 2020 Economics Question 34
Practice objective / multiple choice question 34 from the 2020 Post Utme Pan Atlantic University Economics examination.
A consumer's indifference curve is given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget constraint is 2x + 3y = 12, and the price of good x is ₦2 and the price of good y is ₦3, 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 34. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Economics examination.
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