Post Utme Oau 2025 Commerce Question 22
Practice objective / multiple choice question 22 from the 2025 Post Utme Oau Commerce examination.
A firm produces two goods, X and Y, using two inputs, labor and capital. The production function for good X is given by QX = 2L^0.5K^0.5, where QX is the quantity of good X produced, L is the amount of labor used, and K is the amount of capital used. The production function for good Y is given by QY = 3L^0.7K^0.3, where QY is the quantity of good Y produced. If the firm uses 100 units of labor and 50 units of capital, what is the quantity of good X produced?
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About This Question
This is Post Utme Oau 2025 Commerce Question 22. It is one of the objective questions from the 2025 Post Utme Oau Commerce examination.
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