Post Utme Uniosun 2018 Commerce Question 8
Practice objective / multiple choice question 8 from the 2018 Post Utme Uniosun Commerce examination.
A consumer has a budget constraint of 100 units of currency and faces a price of 5 units of currency per unit of good X. If the consumer's indifference curve is given by U = 2X^0.5, what is the consumer's optimal quantity of good X?
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About This Question
This is Post Utme Uniosun 2018 Commerce Question 8. It is one of the objective questions from the 2018 Post Utme Uniosun Commerce examination.
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