Post Utme Al Hikmah University 2021 Economics Question 28
Practice objective / multiple choice question 28 from the 2021 Post Utme Al Hikmah University Economics examination.
A consumer's utility function is given by U = 2x^0.5y^0.5, where x and y are the quantities of two goods. If the consumer's income is ₦100 and the prices of the two goods are ₦20 and ₦30 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Al Hikmah University 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.
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