Post Utme Igbinedion University 2024 Commerce Question 24
Practice objective / multiple choice question 24 from the 2024 Post Utme Igbinedion University Commerce examination.
A consumer has a budget of ₦1000 and a preference for two goods, A and B. The prices of the goods are ₦200 and ₦300, respectively. If the consumer's indifference curves are convex to the origin, what is the optimal bundle of goods that the consumer will choose?
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This is Post Utme Igbinedion University 2024 Commerce Question 24. It is one of the objective questions from the 2024 Post Utme Igbinedion University Commerce examination.
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