Post Utme Skyline University 2021 Economics Question 31
Practice objective / multiple choice question 31 from the 2021 Post Utme Skyline University Economics examination.
A consumer's indifference curve is represented by the equation ( u(x,y) = 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 consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Skyline University 2021 Economics Question 31. It is one of the objective questions from the 2021 Post Utme Skyline University Economics examination.
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