Post Utme Abu 2022 Economics Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 30 POST_UTME_ABU • 2022 • ECONOMICS • objective

A firm produces two goods, X and Y, u\sing two inputs, labor (L) and capital (K). The production functions are given by X = 2L + 3K and Y = 3L + 2K. If the firm has 10 units of labor and 8 units of capital, what is the total output?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Abu 2022 Economics Question 30. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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