Post Utme Ims U 2024 Commerce Question 10
Practice objective / multiple choice question 10 from the 2024 Post Utme Ims U Commerce examination.
A consumer has an income of ₦5,000 and buys two goods, A and B. The prices of the goods are ₦1,000 and ₦2,000, respectively. If the consumer's budget constraint is 5,000 = 1,000x + 2,000y, where x and y are the quantities of goods A and B consumed, respectively, what is the consumer's indifference curve?
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About This Question
This is Post Utme Ims U 2024 Commerce Question 10. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.
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