Post Utme Unilag 2020 Economics Question 24
Practice objective / multiple choice question 24 from the 2020 Post Utme Unilag 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's budget constraint is given by 2x + 3y = 12, and the price of good x is 2, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Unilag 2020 Economics Question 24. It is one of the objective questions from the 2020 Post Utme Unilag Economics examination.
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