Post Utme Igbinedion University 2025 Economics Question 11
Practice objective / multiple choice question 11 from the 2025 Post Utme Igbinedion University Economics examination.
A consumer's indifference curve is given by the equation ( U(x,y) = 2x + 3y ). If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, find the consumer's optimal bundle of x and y.
Answer Options
About This Question
This is Post Utme Igbinedion University 2025 Economics Question 11. It is one of the objective questions from the 2025 Post Utme Igbinedion University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.