Post Utme Elizade University 2017 Economics Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2017 Economics Objective / Multiple Choice
Question 12 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ECONOMICS • objective

A firm produces two goods, X and Y, u\sing two inputs, Labour (L) and Capital (K). The production functions are given by X = 2L + 3K and Y = 4L + 5K. If the firm has 10 units of Labour and 15 units of Capital, what is the total output?

Answer Options

A. 120
B. 150
Correct Answer C. 180
D. 200
Correct Answer
C
Correct Option:
180

About This Question

This is Post Utme Elizade University 2017 Economics Question 12. It is one of the objective questions from the 2017 Post Utme Elizade University Economics examination.

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