Post Utme Bowen University 2022 Economics Question 32
Practice objective / multiple choice question 32 from the 2022 Post Utme Bowen University Economics examination.
A consumer's utility function is given by U(x, y) = 2x^0.5y^0.5. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Bowen University 2022 Economics Question 32. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.
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