Post Utme Greenfield University 2019 Economics Question 18
Practice objective / multiple choice question 18 from the 2019 Post Utme Greenfield University Economics examination.
A consumer has a budget of ₦1,000 and faces the following prices for two goods, A and B: P_A = ₦200 and P_B = ₦300. If the consumer's utility function is given by U = 2A^0.5B^0.5, what is the consumer's optimal consumption bundle?
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About This Question
This is Post Utme Greenfield University 2019 Economics Question 18. It is one of the objective questions from the 2019 Post Utme Greenfield University Economics examination.
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