Post Utme Achievers University 2025 Commerce Question 37
Practice objective / multiple choice question 37 from the 2025 Post Utme Achievers University Commerce examination.
A firm is considering two different production technologies: a traditional technology that requires 2 units of labor and 1 unit of capital to produce 1 unit of output, and a modern technology that requires 1 unit of labor and 2 units of capital to produce 1 unit of output. If the firm has 100 units of labor and 50 units of capital, which technology should the firm adopt?
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This is Post Utme Achievers University 2025 Commerce Question 37. It is one of the objective questions from the 2025 Post Utme Achievers University Commerce examination.
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