Post Utme Aaua 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Aaua Economics examination.

Post Utme Aaua 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_AAUA • 2020 • ECONOMICS • objective

A firm's production function is given by Q = 2L^2 + 5L. If the wage rate is ₦50 per hour, find the profit-maximizing level of labor u\sing the Kuhn-Tucker method.

Answer Options

A. 10
Correct Answer B. 15
C. 20
D. 25
Correct Answer
B
Correct Option:
15

About This Question

This is Post Utme Aaua 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Aaua Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support