Post Utme Babcock University 2017 Economics Question 40
Practice objective / multiple choice question 40 from the 2017 Post Utme Babcock University Economics examination.
A consumer's indifference curve is given by the equation U = 2x + 3y, where x and y are the quantities of two goods consumed. If the consumer's income is ₦100 and the prices of the two goods are ₦5 and ₦10 respectively, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Babcock University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Babcock University Economics examination.
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