Post Utme Lautech 2017 Economics Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Lautech Economics examination.

Post Utme Lautech 2017 Economics Objective / Multiple Choice
Question 34 POST_UTME_LAUTECH • 2017 • ECONOMICS • objective

A firm's production function is given by the equation Q = 2L + 3K, where Q is the output, L is the labor and K is the capital. If the firm's labor and capital are 5 and 10 respectively, find the output.

Answer Options

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

About This Question

This is Post Utme Lautech 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Lautech Economics examination.

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