Post Utme Redeemers University 2021 Commerce Question 20
Practice objective / multiple choice question 20 from the 2021 Post Utme Redeemers University Commerce examination.
A consumer has a budget of ₦1000 and a utility function given by U = 2x + 3y. If the prices of x and y are ₦2 and ₦3 respectively, what is the consumer's optimal consumption bundle?
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About This Question
This is Post Utme Redeemers University 2021 Commerce Question 20. It is one of the objective questions from the 2021 Post Utme Redeemers University Commerce examination.
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