Post Utme Elizade University 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_ELIZADE_UNIVERSITY • 2022 • ECONOMICS • objective

Consider a firm that produces two goods, A and B. The production function for good A is given by \( Q_A = 10L_A + 5K_A \) and for good B is given by \( Q_B = 8L_B + 3K_B \). If the firm has 10 units of labor and 5 units of capital, how many units of good A will it produce?

Answer Options

Correct Answer A. ( 50 )
B. ( 60 )
C. ( 70 )
D. ( 80 )
Correct Answer
A
Correct Option:
( 50 )

About This Question

This is Post Utme Elizade University 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Elizade University Economics examination.

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