Post Utme Ims U 2023 Commerce Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Ims U Commerce examination.

Post Utme Ims U 2023 Commerce Objective / Multiple Choice
Question 22 POST_UTME_IMS_U • 2023 • COMMERCE • objective

A firm's production function is given by Q = 2L + 3K, where Q is output, L is labor, and K is capital. If the firm hires 5 units of labor and 3 units of capital, what is the output?

Answer Options

A. 15
B. 20
Correct Answer C. 25
D. 30
Correct Answer
C
Correct Option:
25

About This Question

This is Post Utme Ims U 2023 Commerce Question 22. It is one of the objective questions from the 2023 Post Utme Ims U Commerce examination.

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