Post Utme Delsu 2019 Commerce Question 27
Practice objective / multiple choice question 27 from the 2019 Post Utme Delsu Commerce examination.
A consumer has a budget constraint of 100, and two goods, A and B, priced at 5 and 3 respectively. If the consumer's indifference curve 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, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Delsu 2019 Commerce Question 27. It is one of the objective questions from the 2019 Post Utme Delsu Commerce examination.
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