Post Utme Pan Atlantic University 2019 Geography Question 39
Practice objective / multiple choice question 39 from the 2019 Post Utme Pan Atlantic University Geography examination.
A firm is producing two goods, X and Y, with the following production functions: X = 2L + 3K and Y = 3L + 2K. If the prices of X and Y are ₦5 and ₦3 respectively, and the firm has a budget constraint of ₦100, what is the optimal level of production?
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About This Question
This is Post Utme Pan Atlantic University 2019 Geography Question 39. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Geography examination.
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