Post Utme Pan Atlantic University 2025 Economics Question 17
Practice objective / multiple choice question 17 from the 2025 Post Utme Pan Atlantic University Economics examination.
A consumer has the following utility function: U(x, y) = 2x^0.5y^0.5. If the consumer's income is ₦1000 and the prices of x and y are ₦10 and ₦20 respectively, what is the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Pan Atlantic University 2025 Economics Question 17. It is one of the objective questions from the 2025 Post Utme Pan Atlantic University Economics examination.
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