Post Utme Ksu 2024 Commerce Question 27
Practice objective / multiple choice question 27 from the 2024 Post Utme Ksu Commerce examination.
A consumer has a budget of ₦10,000 and a preference for two goods, X and Y. The prices of the goods are ₦2,000 and ₦3,000 respectively. The consumer's indifference curves are given by U = 2X^0.5Y^0.5. What is the consumer's optimal bundle of goods?
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About This Question
This is Post Utme Ksu 2024 Commerce Question 27. It is one of the objective questions from the 2024 Post Utme Ksu Commerce examination.
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