Post Utme Al Hikmah University 2017 Commerce Question 8
Practice objective / multiple choice question 8 from the 2017 Post Utme Al Hikmah University Commerce examination.
A consumer has a budget constraint of 100 and a preference for two goods, A and B. The prices of A and B are 20 and 30, respectively. If the consumer chooses to spend 80 on good A, what is the consumer's optimal consumption bundle?
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This is Post Utme Al Hikmah University 2017 Commerce Question 8. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Commerce examination.
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