Post Utme Babcock University 2025 Economics Question 17
Practice objective / multiple choice question 17 from the 2025 Post Utme Babcock University Economics examination.
A consumer's utility function is given by \( U = 2x^0.5y^0.5 \), where ( x ) is the quantity of good A and ( y ) is the quantity of good B. If the consumer's income is ₦1000 and the prices of good A and good B are ₦5 and ₦10 respectively, what is the optimal bundle of goods?
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This is Post Utme Babcock University 2025 Economics Question 17. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.
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