Post Utme Wellspring University 2019 Commerce Question 38
Practice objective / multiple choice question 38 from the 2019 Post Utme Wellspring University Commerce examination.
A consumer has the following indifference curve: U = 2x + 3y. If the consumer's income is ₦1000, and the prices of good x and good y are ₦50 and ₦75 respectively, what is the consumer's optimal bundle of goods?
Answer Options
About This Question
This is Post Utme Wellspring University 2019 Commerce Question 38. It is one of the objective questions from the 2019 Post Utme Wellspring University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.