Post Utme Lead City University 2022 Economics Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2022 Economics Objective / Multiple Choice
Question 25 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • ECONOMICS • objective

A firm has a production function given by Q = 2L + 3K, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm has 10 units of labor and 5 units of capital, what is the quantity produced?

Answer Options

A. 20
B. 25
Correct Answer C. 30
D. 35
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Lead City University 2022 Economics Question 25. It is one of the objective questions from the 2022 Post Utme Lead City University Economics examination.

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