Post Utme Caleb University 2019 Economics Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2019 Economics Objective / Multiple Choice
Question 9 POST_UTME_CALEB_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's production function is given by \( Q = 2L^2 + 3K \). If the firm's output is 100 units and the wage rate is ₦10 per unit of labor, what is the firm's optimal level of capital?

Answer Options

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

About This Question

This is Post Utme Caleb University 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Caleb University Economics examination.

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