Post Utme Skyline University 2020 Economics Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2020 Economics Objective / Multiple Choice
Question 37 POST_UTME_SKYLINE_UNIVERSITY • 2020 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Skyline University 2020 Economics Question 37. It is one of the objective questions from the 2020 Post Utme Skyline University Economics examination.

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