Post Utme Summit University 2024 Economics Question 17
Practice objective / multiple choice question 17 from the 2024 Post Utme Summit University Economics examination.
A consumer's indifference curve is given by the equation ( u(x,y) = 2x + 3y ). If the consumer's income is ₦100 and the prices of x and y are ₦5 and ₦10 respectively, what is the consumer's optimal bundle?
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This is Post Utme Summit University 2024 Economics Question 17. It is one of the objective questions from the 2024 Post Utme Summit University Economics examination.
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