Post Utme Uniport 2020 Economics Question 27
Practice objective / multiple choice question 27 from the 2020 Post Utme Uniport Economics examination.
A consumer has a budget of ₦1000 and faces the following prices for two goods: x and y. The budget constraint is given by the equation 2x + 3y = 1000. If the consumer's utility function is U(x,y) = 2x + 3y, what is the optimal bundle of goods?
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About This Question
This is Post Utme Uniport 2020 Economics Question 27. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.
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