Post Utme Ims U 2025 Economics Question 8
Practice objective / multiple choice question 8 from the 2025 Post Utme Ims U Economics examination.
A consumer has a utility function given by U(x, y) = 2x + 3y. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦10 respectively, what is the optimal bundle of x and y?
Answer Options
About This Question
This is Post Utme Ims U 2025 Economics Question 8. It is one of the objective questions from the 2025 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.