Post Utme Aaua 2023 Commerce Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Aaua Commerce examination.

Post Utme Aaua 2023 Commerce Objective / Multiple Choice
Question 18 POST_UTME_AAUA • 2023 • COMMERCE • objective

A firm has a production function given by Q = 2L + 3K, where Q is the output, L is the labor input, and K is the capital input. If the firm wants to produce 100 units of output, how many units of labor and capital are required?

Answer Options

Correct Answer A. L = 20, K = 30
B. L = 30, K = 20
C. L = 40, K = 10
D. L = 10, K = 40
Correct Answer
A
Correct Option:
L = 20, K = 30

About This Question

This is Post Utme Aaua 2023 Commerce Question 18. It is one of the objective questions from the 2023 Post Utme Aaua Commerce examination.

View More Post Utme Aaua 2023 Commerce Questions More Post Utme Aaua Practice Questions Back to Questions

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