Post Utme Redeemers University 2017 Economics Question 12
Practice objective / multiple choice question 12 from the 2017 Post Utme Redeemers University Economics examination.
A consumer's utility function is given by U = 2x + 3y. If the consumer's budget constraint is 2x + 3y = 12 and the price of x is 2, what is the consumer's optimal consumption bundle?
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About This Question
This is Post Utme Redeemers University 2017 Economics Question 12. It is one of the objective questions from the 2017 Post Utme Redeemers University Economics examination.
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