Post Utme Futo 2025 Economics Question 2
Practice objective / multiple choice question 2 from the 2025 Post Utme Futo Economics examination.
A consumer's utility function is given by U = 2x^0.5y^0.5, where x is the quantity of good X and y is the quantity of good Y. If the consumer's income is ₦1000 and the prices of good X and good Y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Futo 2025 Economics Question 2. It is one of the objective questions from the 2025 Post Utme Futo Economics examination.
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