Post Utme Ims U 2018 Commerce Question 25
Practice objective / multiple choice question 25 from the 2018 Post Utme Ims U Commerce examination.
A consumer's indifference curve is given by U = 2X1 + 3X2, where U is the utility and X1 and X2 are the quantities consumed. If the consumer's income is ₦1000, and the prices of the two goods are ₦10 and ₦20 respectively, how much of good 2 should the consumer buy if they want to maximize their utility?
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About This Question
This is Post Utme Ims U 2018 Commerce Question 25. It is one of the objective questions from the 2018 Post Utme Ims U Commerce examination.
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