Post Utme Redeemers University 2025 Economics Question 21
Practice objective / multiple choice question 21 from the 2025 Post Utme Redeemers University Economics examination.
A consumer's utility function is given by ( U(x,y) = 10x + 20y - x^2 - 2y^2 ). If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦10 respectively, what is the optimal bundle of x and y?
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This is Post Utme Redeemers University 2025 Economics Question 21. It is one of the objective questions from the 2025 Post Utme Redeemers University Economics examination.
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