Post Utme Mountain Top University 2022 Commerce Question 35
Practice objective / multiple choice question 35 from the 2022 Post Utme Mountain Top University Commerce examination.
A consumer has a budget of ₦1000 to spend on two goods, X and Y. The prices of X and Y are ₦5 and ₦3, respectively. If the consumer's indifference curves are given by U = 2X + 3Y and U = 4X + 5Y, which of the following combinations of X and Y will the consumer choose?
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About This Question
This is Post Utme Mountain Top University 2022 Commerce Question 35. It is one of the objective questions from the 2022 Post Utme Mountain Top University Commerce examination.
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