Post Utme Unilag 2023 Economics Question 34
Practice objective / multiple choice question 34 from the 2023 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. The consumer's budget constraint is given by 2x + 3y = 12. If the consumer's income is 12, what is the optimal bundle of goods (x, y)?
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About This Question
This is Post Utme Unilag 2023 Economics Question 34. It is one of the objective questions from the 2023 Post Utme Unilag Economics examination.
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