Post Utme Rhema University 2020 Economics Question 11
Practice objective / multiple choice question 11 from the 2020 Post Utme Rhema University Economics examination.
A consumer's indifference curve is represented by the equation \( u = 2x + 3y \). If the consumer's income is ₦1200 and the prices of goods x and y are ₦4 and ₦6 respectively, what is the consumer's optimal bundle?
Answer Options
About This Question
This is Post Utme Rhema University 2020 Economics Question 11. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.