Post Utme Uniben 2024 Economics Question 28
Practice objective / multiple choice question 28 from the 2024 Post Utme Uniben Economics examination.
A consumer has the following utility function: U(x,y) = 2x + 3y. If the prices of x and y are ₦5 and ₦10, respectively, and the consumer has a budget of ₦100, determine the optimal quantities of x and y to consume.
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About This Question
This is Post Utme Uniben 2024 Economics Question 28. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.
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