Post Utme Noun 2023 Economics Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Noun Economics examination.

Post Utme Noun 2023 Economics Objective / Multiple Choice
Question 22 POST_UTME_NOUN • 2023 • ECONOMICS • objective

A firm produces two goods, A and B. The production function for good A is Q_A = 2L + 3K, and the production function for good B is Q_B = 4L + 2K, where L is labor and K is capital. If the firm has 10 units of labor and 5 units of capital, what is the total output of the firm?

Answer Options

A. 30
B. 40
Correct Answer C. 50
D. 60
Correct Answer
C
Correct Option:
50

About This Question

This is Post Utme Noun 2023 Economics Question 22. It is one of the objective questions from the 2023 Post Utme Noun Economics examination.

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