Post Utme Rsu 2023 General Studies Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Rsu General Studies examination.

Post Utme Rsu 2023 General Studies Objective / Multiple Choice
Question 14 POST_UTME_RSU • 2023 • GENERAL STUDIES • objective

A firm's production function is given by the equation Q = 2L + 3K, where Q is the quantity produced, L is the number of labor hours, and K is the amount of capital invested. If the firm invests ₦1,000,000 in capital and hires 100 labor hours, what is the quantity produced?

Answer Options

A. 200 units
B. 300 units
Correct Answer C. 400 units
D. 500 units
Correct Answer
C
Correct Option:
400 units

About This Question

This is Post Utme Rsu 2023 General Studies Question 14. It is one of the objective questions from the 2023 Post Utme Rsu General Studies examination.

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