Post Utme Uniport 2020 Economics Question 20
Practice objective / multiple choice question 20 from the 2020 Post Utme Uniport Economics examination.
A consumer's utility function is given by U = 2x + 3y, where x and y are the quantities of two goods consumed. If the prices of the two goods are ₦50 and ₦75 respectively, and the consumer's income is ₦1500, find the consumer's optimal consumption bundle.
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About This Question
This is Post Utme Uniport 2020 Economics Question 20. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.
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