Post Utme Unilag 2024 Economics Question 15
Practice objective / multiple choice question 15 from the 2024 Post Utme Unilag Economics examination.
A consumer is faced with a budget constraint of ₦1000 and a preference map given by the utility function ( u(x,y) = 2x + 3y ). If the prices of x and y are ₦5 and ₦3 respectively, what is the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Unilag 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.
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