Post Utme Madonna University 2019 Economics Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2019 Economics Objective / Multiple Choice
Question 28 POST_UTME_MADONNA_UNIVERSITY • 2019 • ECONOMICS • objective

A firm produces two goods, A and B, u\sing two inputs, labor (L) and capital (K). The production functions are given by Q_A = 2L + 3K and Q_B = 4L + 2K. If the firm has 10 units of labor and 8 units of capital, how many units of good A should it produce?

Answer Options

A. 10
B. 15
Correct Answer C. 20
D. 25
Correct Answer
C
Correct Option:
20

About This Question

This is Post Utme Madonna University 2019 Economics Question 28. It is one of the objective questions from the 2019 Post Utme Madonna University Economics examination.

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