Post Utme Ksu 2022 Commerce Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Ksu Commerce examination.

Post Utme Ksu 2022 Commerce Objective / Multiple Choice
Question 10 POST_UTME_KSU • 2022 • COMMERCE • objective

A company's profit function is given by π = R - C. If the firm's current revenue and cost functions are R = 2Q^2 and C = 2L + 3K, respectively, then the profit-maximizing level of labor is

Answer Options

A. 0
B. 1
Correct Answer C. 2
D. 3
Correct Answer
C
Correct Option:
2

About This Question

This is Post Utme Ksu 2022 Commerce Question 10. It is one of the objective questions from the 2022 Post Utme Ksu Commerce examination.

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