Post Utme Ksu 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_KSU • 2017 • COMMERCE • objective

A firm has the following production function: Q = 2L + 3K, where Q is the output, L is the labor, and K is the capital. If the firm wants to produce 20 units of output, how many units of labor and capital are required?

Answer Options

Correct Answer A. L = 5, K = 3
B. L = 3, K = 5
C. L = 4, K = 4
D. L = 6, K = 2
Correct Answer
A
Correct Option:
L = 5, K = 3

About This Question

This is Post Utme Ksu 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

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