Post Utme Igbinedion University 2024 Economics Question 39
Practice objective / multiple choice question 39 from the 2024 Post Utme Igbinedion University Economics examination.
A consumer has a budget of ₦100,000 and faces the following prices: Q1 = ₦50, Q2 = ₦75, Q3 = ₦100. The consumer's indifference curves are given by U = 2x^0.5y^0.5. What is the optimal consumption bundle?
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This is Post Utme Igbinedion University 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Igbinedion University Economics examination.
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