Post Utme Redeemers University 2025 Commerce Question 21

Practice objective / multiple choice question 21 from the 2025 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2025 Commerce Objective / Multiple Choice
Question 21 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • COMMERCE • objective

A firm specializes in producing two goods, X and Y, using two inputs, labor (L) and capital (K). The production functions for X and Y are given by the following equations:

Answer Options

A. The firm will produce more of good X if it increases its labor input.
B. The firm will produce more of good Y if it increases its capital input.
C. The firm will produce more of good X if it increases its capital input.
Correct Answer D. The firm will produce more of good Y if it increases its labor input.
Correct Answer
D
Correct Option:
The firm will produce more of good Y if it increases its labor input.

About This Question

This is Post Utme Redeemers University 2025 Commerce Question 21. It is one of the objective questions from the 2025 Post Utme Redeemers University Commerce examination.

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