Post Utme Al Hikmah University 2024 Economics Question 33
Practice objective / multiple choice question 33 from the 2024 Post Utme Al Hikmah University Economics examination.
A consumer's utility function is given by U = 2x^0.5y^0.5. If the consumer's income is ₦1000, and the prices of x and y are ₦50 and ₦75 respectively, what is the optimal bundle of x and y?
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This is Post Utme Al Hikmah University 2024 Economics Question 33. It is one of the objective questions from the 2024 Post Utme Al Hikmah University Economics examination.
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