Post Utme Esut 2018 Economics Question 32
Practice objective / multiple choice question 32 from the 2018 Post Utme Esut Economics examination.
A firm's production function is given by \( Q = 2L^2 + 3K^2 \). If the price of labor is ₦10 and the price of capital is ₦20, and the firm's total revenue is ₦1000, what is the optimal level of labor and capital?
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About This Question
This is Post Utme Esut 2018 Economics Question 32. It is one of the objective questions from the 2018 Post Utme Esut Economics examination.
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