Post Utme Ims U 2017 Commerce Question 36

Practice objective / multiple choice question 36 from the 2017 Post Utme Ims U Commerce examination.

Post Utme Ims U 2017 Commerce Objective / Multiple Choice
Question 36 POST_UTME_IMS_U • 2017 • COMMERCE • objective

A firm specializes in producing two goods, A and B. The production function for good A is given by ( Q_A = 2L^2 + 3K ), where L is labor and K is capital. The production function for good B is given by ( Q_B = 4L + 2K ). If the firm has 8 units of labor and 6 units of capital, how many units of good A and good B should it produce?

Answer Options

A. 10 units of good A and 12 units of good B
Correct Answer B. 12 units of good A and 10 units of good B
C. 15 units of good A and 8 units of good B
D. 8 units of good A and 15 units of good B
Correct Answer
B
Correct Option:
12 units of good A and 10 units of good B

About This Question

This is Post Utme Ims U 2017 Commerce Question 36. It is one of the objective questions from the 2017 Post Utme Ims U Commerce examination.

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