Post Utme Redeemers University 2017 Geography Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Redeemers University Geography examination.

Post Utme Redeemers University 2017 Geography Objective / Multiple Choice

Question 19 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • GEOGRAPHY • objective

A firm produces two products, X and Y. The production of X requires 2 hours of labor and 1 hour of capital, while the production of Y requires 1 hour of labor and 2 hours of capital. If the firm has 10 hours of labor and 10 hours of capital available, how many units of X and Y should the firm produce to maximize profit?

Answer Options

Correct Answer A. X=5, Y=5

B. X=10, Y=0

C. X=0, Y=10

D. X=5, Y=10

Correct Answer

Correct Option:

X=5, Y=5

About This Question

This is Post Utme Redeemers University 2017 Geography Question 19. It is one of the objective questions from the 2017 Post Utme Redeemers University Geography examination.

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