Post Utme Rsu 2017 Economics Question 4
Practice objective / multiple choice question 4 from the 2017 Post Utme Rsu Economics examination.
A consumer has an income of $100 and faces a budget constraint given by P1x + P2y = 100. If the prices of the two goods are P1 = $20 and P2 = $30, and the consumer's indifference curve is given by U = 2x + 3y, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Rsu 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Rsu Economics examination.
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