Post Utme Osustech 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Osustech Economics examination.

Post Utme Osustech 2025 Economics Objective / Multiple Choice
Question 37 POST_UTME_OSUSTECH • 2025 • ECONOMICS • objective

A firm's production function is represented by the equation \( Q = 2L + 3K \), where Q is the quantity produced, L is the labor and K is the capital. If the firm wants to produce 100 units of output, find the minimum amount of labor and capital it needs to hire.

Answer Options

Correct Answer A. L = 20, K = 30
B. L = 30, K = 20
C. L = 40, K = 10
D. L = 50, K = 5
Correct Answer
A
Correct Option:
L = 20, K = 30

About This Question

This is Post Utme Osustech 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Osustech Economics examination.

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