Post Utme Crawford University 2019 Economics Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2019 Economics Objective / Multiple Choice
Question 3 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's production function is given by the equation \( Q = 2L^2 + 3K^2 \), 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 10 labor units and 5 capital units, what is the quantity produced?

Answer Options

A. 100
B. 200
Correct Answer C. 300
D. 400
Correct Answer
C
Correct Option:
300

About This Question

This is Post Utme Crawford University 2019 Economics Question 3. It is one of the objective questions from the 2019 Post Utme Crawford University Economics examination.

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