Post Utme Abu 2024 Economics Question 28
Practice objective / multiple choice question 28 from the 2024 Post Utme Abu Economics examination.
A consumer has a budget of ₦1000 and faces the following prices: good A \costs ₦200, good B \costs ₦300, and good C \costs ₦400. If the consumer's indifference curves are given by the equation u(x,y) = xy, what is the optimal bundle of goods?
Answer Options
About This Question
This is Post Utme Abu 2024 Economics Question 28. It is one of the objective questions from the 2024 Post Utme Abu Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.