Post Utme Lasu 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Lasu Economics examination.

Post Utme Lasu 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_LASU • 2018 • ECONOMICS • objective

A firm's production function is given by Q = 2L + 3K, where Q is the output, L is the labor and K is the capital. If the firm hires 10 workers and uses ₦10,000 worth of capital, what is the output?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Lasu 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.

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