Post Utme Rhema University 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2017 Commerce Objective / Multiple Choice
Question 22 POST_UTME_RHEMA_UNIVERSITY • 2017 • COMMERCE • objective

A firm's production function is given by Q = 2L + 3K, where Q is the output, L is the labor, and K is the capital. If the firm uses 10 units of labor and 5 units of capital, what is the output?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Rhema University 2017 Commerce Question 22. It is one of the objective questions from the 2017 Post Utme Rhema University Commerce examination.

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