Post Utme Futo 2018 Commerce Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Futo Commerce examination.

Post Utme Futo 2018 Commerce Objective / Multiple Choice
Question 27 POST_UTME_FUTO • 2018 • COMMERCE • objective

A company's production function is given by Q = 2L + 3K, where Q is the quantity produced, L is the labor input, and K is the capital input. If the company increases its labor input from 10 units to 20 units, and its capital input from 5 units to 10 units, what is the new quantity produced?

Answer Options

A. 40
B. 60
Correct Answer C. 80
D. 100
Correct Answer
C
Correct Option:
80

About This Question

This is Post Utme Futo 2018 Commerce Question 27. It is one of the objective questions from the 2018 Post Utme Futo Commerce examination.

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