Post Utme Uniben 2023 Commerce Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Uniben Commerce examination.

Post Utme Uniben 2023 Commerce Objective / Multiple Choice
Question 4 POST_UTME_UNIBEN • 2023 • COMMERCE • objective

A company's production function is given by ( Q = 2L^2 + 5K ), where Q is the quantity produced and L and K are labor and capital, respectively. If the company uses 5 units of labor and 10 units of capital, what is the quantity produced?

Answer Options

A. 25 units
Correct Answer B. 50 units
C. 75 units
D. 100 units
Correct Answer
B
Correct Option:
50 units

About This Question

This is Post Utme Uniben 2023 Commerce Question 4. It is one of the objective questions from the 2023 Post Utme Uniben Commerce examination.

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