Post Utme Futa 2023 Commerce Question 23
Practice objective / multiple choice question 23 from the 2023 Post Utme Futa Commerce examination.
A consumer's indifference curve is given by the equation U = 2x + 3y, where x and y are the quantities of two goods. If the consumer's income is ₦100 and the prices of the two goods are ₦5 and ₦10 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Futa 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Futa Commerce examination.
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