Post Utme Pan Atlantic University 2023 Commerce Question 30
Practice objective / multiple choice question 30 from the 2023 Post Utme Pan Atlantic University Commerce examination.
A consumer's utility function is given by U = x^2 + 2y^2, where x and y are the quantities of two goods. If the consumer's budget constraint is given by 2x + 4y = 100, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Pan Atlantic University 2023 Commerce Question 30. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Commerce examination.
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