Post Utme Madonna University 2017 Economics Question 19
Practice objective / multiple choice question 19 from the 2017 Post Utme Madonna University Economics examination.
A consumer's indifference curve is given by U = 2x^0.5y^0.5. If the price of good x increases by 10%, and the price of good y decreases by 5%, what is the likely effect on the consumer's budget line?
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About This Question
This is Post Utme Madonna University 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Madonna University Economics examination.
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