Post Utme Ksu 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Ksu Economics examination.

Post Utme Ksu 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_KSU • 2025 • ECONOMICS • objective

A firm in Nigeria produces two goods: A and B. The production function for good A is given by Qa = 1000L^0.5K^0.5, where Qa is the quantity of good A produced, L is the labor input, and K is the capital input. The production function for good B is given by Qb = 500L^0.2K^0.8, where Qb is the quantity of good B produced. If the firm has 100 units of labor and 50 units of capital, find the quantities of good A and good B produced.

Answer Options

Correct Answer A. 1000 units of good A, 250 units of good B
B. 500 units of good A, 1000 units of good B
C. 2000 units of good A, 500 units of good B
D. 1500 units of good A, 750 units of good B
Correct Answer
A
Correct Option:
1000 units of good A, 250 units of good B

About This Question

This is Post Utme Ksu 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Ksu Economics examination.

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