Post Utme Crawford University 2018 Economics Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2018 Economics Objective / Multiple Choice
Question 12 POST_UTME_CRAWFORD_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's production function is given by Q = 2L + 3K, where Q is the quantity produced, L is the number of labor units, and K is the number of capital units. If the firm has 5 labor units and 3 capital units, what is the quantity produced?

Answer Options

A. 10
B. 12
Correct Answer C. 15
D. 18
Correct Answer
C
Correct Option:
15

About This Question

This is Post Utme Crawford University 2018 Economics Question 12. It is one of the objective questions from the 2018 Post Utme Crawford University Economics examination.

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