Post Utme Rhema University 2023 Economics Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2023 Economics Objective / Multiple Choice
Question 4 POST_UTME_RHEMA_UNIVERSITY • 2023 • ECONOMICS • 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's labor and capital are 100 and 200 respectively, what is the output?

Answer Options

A. 400
Correct Answer B. 500
C. 600
D. 700
Correct Answer
B
Correct Option:
500

About This Question

This is Post Utme Rhema University 2023 Economics Question 4. It is one of the objective questions from the 2023 Post Utme Rhema University Economics examination.

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