Post Utme Igbinedion University 2018 Economics Question 10
Practice objective / multiple choice question 10 from the 2018 Post Utme Igbinedion University Economics examination.
A consumer's budget constraint is given by P1Q1 + P2Q2 = 100. If the prices of goods 1 and 2 are $5 and $10, respectively, and the consumer sp\ends $50 on good 1, what is the consumer's optimal quantity of good 2?
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About This Question
This is Post Utme Igbinedion University 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Igbinedion University Economics examination.
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