Post Utme Wellspring University 2020 Economics Question 3
Practice objective / multiple choice question 3 from the 2020 Post Utme Wellspring University Economics examination.
A consumer has the following utility function: U = 2x + 3y. If the prices of x and y are ₦5 and ₦10 respectively, and the consumer has a budget of ₦50, what is the optimal bundle of x and y?
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About This Question
This is Post Utme Wellspring University 2020 Economics Question 3. It is one of the objective questions from the 2020 Post Utme Wellspring University Economics examination.
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