Post Utme Rsu 2023 Commerce Question 35
Practice objective / multiple choice question 35 from the 2023 Post Utme Rsu Commerce examination.
A consumer has a utility function given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's income is ₦1000 and the prices of the goods are ₦200 and ₦300 respectively, how much of good B should they consume if they want to maximize their utility?
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About This Question
This is Post Utme Rsu 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Rsu Commerce examination.
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