Post Utme Unilag 2025 Economics Question 36
Practice objective / multiple choice question 36 from the 2025 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. If the consumer's income is 100 and the prices of the two goods are 10 and 20 respectively, what is the consumer's optimal bundle?
Answer Options
About This Question
This is Post Utme Unilag 2025 Economics Question 36. It is one of the objective questions from the 2025 Post Utme Unilag Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.