Post Utme Delsu 2018 Economics Question 9
Practice objective / multiple choice question 9 from the 2018 Post Utme Delsu Economics examination.
A consumer has a budget of ₦1000 to sp\end on two goods, X and Y. The price of good X is ₦5 per unit, and the price of good Y is ₦10 per unit. The consumer's indifference curve is given by the equation U = 2X^0.5Y^0.5, where U is the level of utility. What is the maximum amount of good X that the consumer can buy?
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About This Question
This is Post Utme Delsu 2018 Economics Question 9. It is one of the objective questions from the 2018 Post Utme Delsu Economics examination.
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