Post Utme Futa 2017 Commerce Question 12
Practice objective / multiple choice question 12 from the 2017 Post Utme Futa Commerce examination.
A firm produces two goods, X and Y, using two inputs, labor (L) and capital (K). The production function for good X is given by X = 2L + 3K, and the production function for good Y is given by 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?
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About This Question
This is Post Utme Futa 2017 Commerce Question 12. It is one of the objective questions from the 2017 Post Utme Futa Commerce examination.
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