Post Utme Summit University 2023 Economics Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Summit University Economics examination.

Post Utme Summit University 2023 Economics Objective / Multiple Choice
Question 32 POST_UTME_SUMMIT_UNIVERSITY • 2023 • ECONOMICS • objective

A firm produces two goods, A and B. The production function for good A is Q_A = 2L + 3K, where L is labor and K is capital. The production function for good B is Q_B = 4L + 2K. If the firm has 10 units of labor and 5 units of capital, what is the total output?

Answer Options

A. 30
B. 40
Correct Answer C. 50
D. 60
Correct Answer
C
Correct Option:
50

About This Question

This is Post Utme Summit University 2023 Economics Question 32. It is one of the objective questions from the 2023 Post Utme Summit University Economics examination.

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