Post Utme Unn 2021 Commerce Question 37
Practice objective / multiple choice question 37 from the 2021 Post Utme Unn Commerce examination.
A company has the following budget constraint: 2X + 3Y = 24, where X and Y are the quantities of two goods. If the company's indifference curve is given by U = 2X^0.5Y^0.5, what is the optimal combination of X and Y?
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About This Question
This is Post Utme Unn 2021 Commerce Question 37. It is one of the objective questions from the 2021 Post Utme Unn Commerce examination.
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