Post Utme Noun 2019 Economics Question 22
Practice objective / multiple choice question 22 from the 2019 Post Utme Noun Economics examination.
A consumer has a budget constraint of 100 and a preference for two goods, A and B. The prices of A and B are 5 and 10 respectively. If the consumer's indifference curve is \tangent to the budget line, what is the consumer's optimal consumption bundle?
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About This Question
This is Post Utme Noun 2019 Economics Question 22. It is one of the objective questions from the 2019 Post Utme Noun Economics examination.
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