Post Utme Covenant University 2019 General Studies Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Covenant University General Studies examination.

Post Utme Covenant University 2019 General Studies Objective / Multiple Choice
Question 5 POST_UTME_COVENANT_UNIVERSITY • 2019 • GENERAL STUDIES • objective

A firm produces two goods, A and B. The production of A requires 2 hours of labor and 1 hour of capital, while the production of B requires 1 hour of labor and 2 hours of capital. If the firm has 10 hours of labor and 10 hours of capital available, how many units of A and B should it produce to maximize profit?

Answer Options

Correct Answer A. A = 5, B = 5
B. A = 10, B = 0
C. A = 0, B = 10
D. A = 5, B = 0
Correct Answer
A
Correct Option:
A = 5, B = 5

About This Question

This is Post Utme Covenant University 2019 General Studies Question 5. It is one of the objective questions from the 2019 Post Utme Covenant University General Studies examination.

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