Post Utme Uniben 2021 Economics Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Uniben Economics examination.

Post Utme Uniben 2021 Economics Objective / Multiple Choice
Question 22 POST_UTME_UNIBEN • 2021 • ECONOMICS • objective

A firm produces two goods, A and B. The production function for good A is given by Q_A = 10L + 5K, where L is labor and K is capital. The production function for good B is given by Q_B = 8L + 3K. If the firm has 100 units of labor and 50 units of capital, what is the total output of the firm?

Answer Options

A. 500
B. 600
Correct Answer C. 700
D. 800
Correct Answer
C
Correct Option:
700

About This Question

This is Post Utme Uniben 2021 Economics Question 22. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.

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