Post Utme Crawford University 2022 Commerce Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2022 Commerce Objective / Multiple Choice
Question 11 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • COMMERCE • objective

A firm specializes in producing two goods, X and Y. The production function for good X is given by ( Q_X = 2L^2 + 3K ), where L is labor and K is capital. The production function for good Y is given by ( Q_Y = 4L + 2K ). If the firm has 10 units of labor and 5 units of capital, how many units of good X will it produce?

Answer Options

A. 20
B. 25
Correct Answer C. 30
D. 35
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Crawford University 2022 Commerce Question 11. It is one of the objective questions from the 2022 Post Utme Crawford University Commerce examination.

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