Post Utme Wellspring University 2019 Commerce Question 40
Practice objective / multiple choice question 40 from the 2019 Post Utme Wellspring University Commerce examination.
A consumer has the following utility function: U = x^2 + 2y^2. 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?
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About This Question
This is Post Utme Wellspring University 2019 Commerce Question 40. It is one of the objective questions from the 2019 Post Utme Wellspring University Commerce examination.
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