Post Utme Al Hikmah University 2025 Commerce Question 12
Practice objective / multiple choice question 12 from the 2025 Post Utme Al Hikmah University Commerce examination.
A consumer has a budget of ₦1000 and a preference for two goods, A and B. The prices of the goods are ₦200 and ₦300 respectively. If the consumer's indifference curve is given by the equation U = 2x + 3y, where x and y are the quantities of goods A and B respectively, what is the consumer's optimal bundle?
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This is Post Utme Al Hikmah University 2025 Commerce Question 12. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Commerce examination.
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