Post Utme Uniport 2017 Economics Question 19
Practice objective / multiple choice question 19 from the 2017 Post Utme Uniport Economics examination.
A consumer's utility function is given by \( U = 2x + 3y \), where ( x ) is the quantity of good X and ( y ) is the quantity of good Y. If the consumer has a budget of $100 and the prices of good X and good Y are $2 and $3 respectively, what is the optimal bundle of goods?
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About This Question
This is Post Utme Uniport 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Uniport Economics examination.
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