Post Utme Uniport 2020 Economics Question 29
Practice objective / multiple choice question 29 from the 2020 Post Utme Uniport Economics examination.
A firm has a production function Q = 2L + 3K, where L is labor and K is capital. If the firm's marginal product of labor is 2 and its marginal product of capital is 3, what is the firm's optimal input mix?
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About This Question
This is Post Utme Uniport 2020 Economics Question 29. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.
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