Post Utme Uniport 2022 Economics Question 23
Practice objective / multiple choice question 23 from the 2022 Post Utme Uniport Economics examination.
A consumer is faced with the following utility function: U(x, y) = 2x^0.5y^0.5. If the consumer's income is ₦1000 and the prices of x and y are ₦5 and ₦10 respectively, what will be the consumer's optimal bundle of x and y?
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About This Question
This is Post Utme Uniport 2022 Economics Question 23. It is one of the objective questions from the 2022 Post Utme Uniport Economics examination.
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