Post Utme Redeemers University 2019 Commerce Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2019 Commerce Objective / Multiple Choice
Question 10 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • COMMERCE • objective

A company has a production function of Q = 2L^2 + 5L + 10, where Q is the quantity produced and L is the labor input. If the company wants to produce 50 units, how many units of labor should it hire?

Answer Options

A. 5 units
B. 10 units
Correct Answer C. 15 units
D. 20 units
Correct Answer
C
Correct Option:
15 units

About This Question

This is Post Utme Redeemers University 2019 Commerce Question 10. It is one of the objective questions from the 2019 Post Utme Redeemers University Commerce examination.

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