Post Utme Pan Atlantic University 2021 Commerce Question 28
Practice objective / multiple choice question 28 from the 2021 Post Utme Pan Atlantic University Commerce examination.
A consumer has a utility function U(x,y) = 2x + 3y. If the consumer's income is 100 and the prices of x and y are 5 and 10 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Pan Atlantic University 2021 Commerce Question 28. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Commerce examination.
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