Post Utme Summit University 2022 Economics Question 39
Practice objective / multiple choice question 39 from the 2022 Post Utme Summit 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 prices of the two goods are ₦10 and ₦20, respectively, and the consumer's income is ₦100, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Summit University 2022 Economics Question 39. It is one of the objective questions from the 2022 Post Utme Summit University Economics examination.
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