Question on: JAMB Economics - 2003

Here's how to determine the combination that maximizes utility: 1. **Calculate the expenditure for each option:** * **Option A (3y and 3x):** (3 * N2) + (3 * N1) = N6 + N3 = N9 * **Option B (6y and 4x):** (6 * N2) + (4 * N1) = N12 + N4 = N16 * **Option C (3y and 6x):** (3 * N2) + (6 * N1) = N6 + N6 = N12 * **Option D (5y and 5x):** (5 * N2) + (5 * N