Post Utme Noun 2019 Economics Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Noun Economics examination.

Post Utme Noun 2019 Economics Objective / Multiple Choice

Question 12 POST_UTME_NOUN • 2019 • ECONOMICS • objective

A firm produces two products, A and B. The production function for A is Q_A = 2L + 3K and for B is Q_B = 4L + 2K. If the firm has 10 units of labor and 5 units of capital, how many units of A and B should it produce to maximize profit?

Correct Answer A. Q_A = 15, Q_B = 10

B. Q_A = 20, Q_B = 5

C. Q_A = 10, Q_B = 15

D. Q_A = 5, Q_B = 20

Correct Answer

Correct Option:

Q_A = 15, Q_B = 10

This is Post Utme Noun 2019 Economics Question 12. It is one of the objective questions from the 2019 Post Utme Noun Economics examination.

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