Post Utme Unilag 2024 Economics Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Unilag Economics examination.

Post Utme Unilag 2024 Economics Objective / Multiple Choice
Question 20 POST_UTME_UNILAG • 2024 • ECONOMICS • objective

A firm's production function is given by the equation \( Q = 2L + 3K \), where Q is the output, L is the labor, and K is the capital. If the firm hires 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 Unilag 2024 Economics Question 20. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.

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