Post Utme Wellspring University 2017 Economics Question 21
Practice objective / multiple choice question 21 from the 2017 Post Utme Wellspring University Economics examination.
Consider a consumer with a utility function ( U(x,y) = 2x + 3y - x^2 - 2y^2 ). If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, find the optimal bundle of x and y.
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About This Question
This is Post Utme Wellspring University 2017 Economics Question 21. It is one of the objective questions from the 2017 Post Utme Wellspring University Economics examination.
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