Post Utme Wellspring University 2019 Economics Question 25
Practice objective / multiple choice question 25 from the 2019 Post Utme Wellspring University Economics examination.
A consumer is faced with the following utility function: U(x,y) = 2x + 3y. If the consumer's income is ₦100,000 and the prices of x and y are ₦20 and ₦30 respectively, what is the optimal bundle of x and y?
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About This Question
This is Post Utme Wellspring University 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Wellspring University Economics examination.
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