Post Utme Unilorin 2017 Economics Question 28
Practice objective / multiple choice question 28 from the 2017 Post Utme Unilorin Economics examination.
A consumer has the following utility function: U = 2x + 3y, where x and y are the quantities of two goods consumed. If the prices of the two goods are $2 and $3 respectively, and the consumer has a budget of $10, how many units of each good should the consumer buy?
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About This Question
This is Post Utme Unilorin 2017 Economics Question 28. It is one of the objective questions from the 2017 Post Utme Unilorin Economics examination.
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