Post Utme Aaua 2018 Commerce Question 35
Practice objective / multiple choice question 35 from the 2018 Post Utme Aaua Commerce examination.
A firm has a profit function given by π = 2Q - 3L - 2K, where π is the profit, Q is the quantity sold, L is the number of labor hours, and K is the amount of capital. If the firm wants to maximize its profit, how many labor hours and capital units should it use?
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About This Question
This is Post Utme Aaua 2018 Commerce Question 35. It is one of the objective questions from the 2018 Post Utme Aaua Commerce examination.
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