Post Utme Rhema University 2019 Economics Question 42
Practice objective / multiple choice question 42 from the 2019 Post Utme Rhema University Economics examination.
A consumer has a utility function U(x,y) = 2x + 3y. If the prices of x and y are $4 and $6 respectively, and the consumer's income is $100, what is the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Rhema University 2019 Economics Question 42. It is one of the objective questions from the 2019 Post Utme Rhema University Economics examination.
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