Post Utme Eksu 2022 Commerce Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Eksu Commerce examination.

Post Utme Eksu 2022 Commerce Objective / Multiple Choice
Question 3 POST_UTME_EKSU • 2022 • COMMERCE • objective

A consumer has the following indifference curves: I1 and I2. If the price of good X is ₦50 and the price of good Y is ₦75, what is the consumer's optimal bundle of goods?

Answer Options

Correct Answer A. (10, 5)
B. (5, 10)
C. (15, 3)
D. (3, 15)
Correct Answer
A
Correct Option:
(10, 5)

About This Question

This is Post Utme Eksu 2022 Commerce Question 3. It is one of the objective questions from the 2022 Post Utme Eksu Commerce examination.

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