Post Utme Ims U 2017 Economics Question 37
Practice objective / multiple choice question 37 from the 2017 Post Utme Ims U Economics examination.
A consumer's indifference curve is given by the equation \( U = 2x + 3y \), where (x) and (y) are the quantities of two goods consumed. If the consumer's income is ₦1000 and the prices of the two goods are ₦2 and ₦3 respectively, what is the consumer's optimal bundle?
Answer Options
About This Question
This is Post Utme Ims U 2017 Economics Question 37. It is one of the objective questions from the 2017 Post Utme Ims U Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.