Post Utme Igbinedion University 2017 Economics Question 34
Practice objective / multiple choice question 34 from the 2017 Post Utme Igbinedion University Economics examination.
A consumer's utility function is given by U = x^2 + 2y^2. If the consumer's income is $100 and the prices of x and y are $5 and $10 respectively, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Igbinedion University 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Igbinedion University Economics examination.
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