Post Utme Summit University 2020 Economics Question 18
Practice objective / multiple choice question 18 from the 2020 Post Utme Summit University Economics examination.
A consumer's utility function is given by U(x, y) = 2x + 3y. If the consumer's income is 100 and the prices of x and y are 5 and 3 respectively, find the optimal bundle of x and y.
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About This Question
This is Post Utme Summit University 2020 Economics Question 18. It is one of the objective questions from the 2020 Post Utme Summit University Economics examination.
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