Post Utme Rhema University 2017 Economics Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice
Question 14 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's production function is given by \( Q = 2L^2 + 3K^2 \). If the firm's labor and capital are ₦100 and ₦200 respectively, what is the optimal quantity of output?

Answer Options

A. 100
B. 150
Correct Answer C. 200
D. 250
Correct Answer
C
Correct Option:
200

About This Question

This is Post Utme Rhema University 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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