Post Utme Summit University 2017 Economics Question 9
Practice objective / multiple choice question 9 from the 2017 Post Utme Summit University Economics examination.
A consumer's indifference curve is given by the equation U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's budget constraint is given by the equation 2x + 3y = 12, what is the consumer's optimal consumption bundle?
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About This Question
This is Post Utme Summit University 2017 Economics Question 9. It is one of the objective questions from the 2017 Post Utme Summit University Economics examination.
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