Post Utme Achievers University 2019 Economics Question 17

Practice objective / multiple choice question 17 from the 2019 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2019 Economics Objective / Multiple Choice
Question 17 POST_UTME_ACHIEVERS_UNIVERSITY • 2019 • 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 = 4L + 2K. If the firm has 10 units of labor and 8 units of capital, what is the total output?

Answer Options

A. 40
B. 50
Correct Answer C. 60
D. 70
Correct Answer
C
Correct Option:
60

About This Question

This is Post Utme Achievers University 2019 Economics Question 17. It is one of the objective questions from the 2019 Post Utme Achievers University Economics examination.

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