Post Utme Summit University 2025 Economics Question 34
Practice objective / multiple choice question 34 from the 2025 Post Utme Summit University Economics examination.
A consumer's indifference curve is represented by the equation u(x,y) = 2x + 3y. If the consumer's initial \endowment is (x0, y0) = (10, 5), and the price of x is ₦5 and the price of y is ₦3, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Summit University 2025 Economics Question 34. It is one of the objective questions from the 2025 Post Utme Summit University Economics examination.
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