Post Utme Futa 2020 Economics Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Futa Economics examination.

Post Utme Futa 2020 Economics Objective / Multiple Choice
Question 40 POST_UTME_FUTA • 2020 • ECONOMICS • objective

The following table shows the production \costs for a firm that produces two goods, A and B. If the firm wants to produce 10 units of good A, and the price of good A is ₦50 per unit, and the price of good B is ₦100 per unit, how much should the firm sp\end on labor and capital?

Answer Options

A. ₦5000
B. ₦10000
Correct Answer C. ₦15000
D. ₦20000
Correct Answer
C
Correct Option:
₦15000

About This Question

This is Post Utme Futa 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.

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