Post Utme Lead City University 2025 Economics Question 32
Practice objective / multiple choice question 32 from the 2025 Post Utme Lead City University Economics examination.
A consumer's utility function is given by ( u(x,y) = x^{0.5}y^{0.5} ). If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦3 respectively, what is the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Lead City University 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Lead City University Economics examination.
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