Post Utme Afe Babalola University 2019 Economics Question 36
Practice objective / multiple choice question 36 from the 2019 Post Utme Afe Babalola University Economics examination.
A consumer's indifference curve is given by the equation u(x,y) = 2x + 3y, where x is the quantity of good X and y is the quantity of good Y. If the consumer's income is $100 and the prices of good X and good Y are $5 and $3, respectively, what is the consumer's optimal bundle?
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This is Post Utme Afe Babalola University 2019 Economics Question 36. It is one of the objective questions from the 2019 Post Utme Afe Babalola University Economics examination.
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