Post Utme Skyline University 2017 Economics Question 37
Practice objective / multiple choice question 37 from the 2017 Post Utme Skyline University Economics examination.
A consumer has an indifference curve that can be represented by the utility function U(x,y) = x^2 + 2y. If the consumer's budget constraint is 2x + 3y = 100, and the consumer is currently consuming 20 units of good x and 10 units of good y, what is the consumer's current utility?
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About This Question
This is Post Utme Skyline University 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.
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