Post Utme Ims U 2024 Commerce Question 32

Practice objective / multiple choice question 32 from the 2024 Post Utme Ims U Commerce examination.

Post Utme Ims U 2024 Commerce Objective / Multiple Choice
Question 32 POST_UTME_IMS_U • 2024 • COMMERCE • objective

A firm's production function is given by the equation Q = 2L + 3K, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm increases its labor input from 10 units to 15 units, what is the change in the quantity produced?

Answer Options

A. Q increases by 10 units.
B. Q increases by 15 units.
Correct Answer C. Q increases by 20 units.
D. Q remains the same.
Correct Answer
C
Correct Option:
Q increases by 20 units.

About This Question

This is Post Utme Ims U 2024 Commerce Question 32. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.

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