Post Utme Skyline University 2020 Economics Question 38
Practice objective / multiple choice question 38 from the 2020 Post Utme Skyline University Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer has a budget of ₦100 and the prices of the two goods are ₦20 and ₦30 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Skyline University 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Skyline University Economics examination.
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