Post Utme Rsu 2019 Economics Question 13
Practice objective / multiple choice question 13 from the 2019 Post Utme Rsu Economics examination.
A consumer's utility function is given by U(x, y) = 2x + 3y, where x is the number of units of good X consumed and y is the number of units of good Y consumed. If the consumer's budget constraint is 2x + 3y = 10 and the price of good X is ₦2 per unit and the price of good Y is ₦3 per unit, find the optimal consumption bundle that maximizes utility.
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About This Question
This is Post Utme Rsu 2019 Economics Question 13. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.
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