Post Utme Pan Atlantic University 2022 Economics Question 35
Practice objective / multiple choice question 35 from the 2022 Post Utme Pan Atlantic University Economics examination.
A consumer's utility function is given by ( U(x,y) = 2x + 3y ), where x and y are the quantities of two goods consumed. 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 2022 Economics Question 35. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.
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