Post Utme Rsu 2024 Commerce Question 8
Practice objective / multiple choice question 8 from the 2024 Post Utme Rsu Commerce examination.
A consumer has the following indifference curves: IC1: 2U + 3V = 6, IC2: 2U + 3V = 12. If the consumer is initially at point A(2, 1), and the price of good U is ₦5 per unit, while the price of good V is ₦10 per unit, what is the consumer's optimal bundle?
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This is Post Utme Rsu 2024 Commerce Question 8. It is one of the objective questions from the 2024 Post Utme Rsu Commerce examination.
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