Post Utme Redeemers University 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_REDEEMERS_UNIVERSITY • 2020 • ECONOMICS • objective

A firm has a production function Q = 2L + 3K, where Q is the output, L is the labor, and K is the capital. If the firm hires 5 units of labor and 3 units of capital, find the output.

Answer Options

A. 15
B. 20
Correct Answer C. 25
D. 30
Correct Answer
C
Correct Option:
25

About This Question

This is Post Utme Redeemers University 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Redeemers University Economics examination.

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