Post Utme Madonna University 2018 Economics Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2018 Economics Objective / Multiple Choice
Question 35 POST_UTME_MADONNA_UNIVERSITY • 2018 • ECONOMICS • objective

A firm produces two goods, X and Y, u\sing two inputs, labor (L) and capital (K). The production functions are given by X = 2L + 3K and Y = 3L + 2K. If the firm has 10 units of labor and 8 units of capital, what is the total output?

Answer Options

A. 40
B. 50
Correct Answer C. 60
D. 70
Correct Answer
C
Correct Option:
60

About This Question

This is Post Utme Madonna University 2018 Economics Question 35. It is one of the objective questions from the 2018 Post Utme Madonna University Economics examination.

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