Post Utme Summit University 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Summit University Commerce examination.

Post Utme Summit University 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_SUMMIT_UNIVERSITY • 2024 • COMMERCE • objective

A firm's production function is given by 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 wants to produce 10 units of output, how many labor hours are required if the amount of capital invested is 2?

Answer Options

A. 4
Correct Answer B. 6
C. 8
D. 10
Correct Answer
B
Correct Option:
6

About This Question

This is Post Utme Summit University 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Summit University Commerce examination.

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