Post Utme Ims U 2022 Economics Question 36
Practice objective / multiple choice question 36 from the 2022 Post Utme Ims U Economics examination.
Consider a consumer with a utility function U(x,y) = x^2 + 2y^2. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Ims U 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Ims U Economics examination.
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