Post Utme Uniport 2017 Economics Question 36
Practice objective / multiple choice question 36 from the 2017 Post Utme Uniport Economics examination.
A consumer has a budget of ₦1,000 and faces the following prices for two goods: Good X \costs ₦200 and Good Y \costs ₦300. If the consumer's indifference curves are such that the marginal rate of substitution (MRS) is 2, what is the consumer's optimal bundle?
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About This Question
This is Post Utme Uniport 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Uniport Economics examination.
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