Post Utme Rhema University 2021 Economics Question 11

Practice objective / multiple choice question 11 from the 2021 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2021 Economics Objective / Multiple Choice
Question 11 POST_UTME_RHEMA_UNIVERSITY • 2021 • ECONOMICS • objective

The production possibilities curve (PPC) for a country is given by the equation \( y = 10x - 5x^2 \), where ( y ) is the quantity of goods produced and ( x ) is the quantity of labor used. If the country wants to produce 25 units of goods, how many units of labor will it need to use?

Answer Options

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

About This Question

This is Post Utme Rhema University 2021 Economics Question 11. It is one of the objective questions from the 2021 Post Utme Rhema University Economics examination.

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