Home » Classroom » JAMB Economics 2003 Question

In the table above the price of commodity y is ... - JAMB Economics 2003 Question

In the table above, the price of commodity y is N2 and that of x is N1 while the individual has an income of N12. Determine the combination of the two commodities the individual should consume to maximize his utility
A
3y and 3x
B
6y and 4x
C
3y and 6x
D
5y and 5x
correct option: c
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses