Post Utme Delsu 2019 Commerce Question 29
Practice objective / multiple choice question 29 from the 2019 Post Utme Delsu Commerce examination.
A consumer has a utility function 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 budget constraint is given by 5x + 3y = 100, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Delsu 2019 Commerce Question 29. It is one of the objective questions from the 2019 Post Utme Delsu Commerce examination.
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