Post Utme Veritas University 2020 Commerce Question 35

Practice objective / multiple choice question 35 from the 2020 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2020 Commerce Objective / Multiple Choice
Question 35 POST_UTME_VERITAS_UNIVERSITY • 2020 • COMMERCE • objective

A firm has a production function given by Q = 2L + 3K, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm uses 10 units of labor and 5 units of capital, what is the quantity produced?

Answer Options

A. 25
B. 30
Correct Answer C. 35
D. 40
Correct Answer
C
Correct Option:
35

About This Question

This is Post Utme Veritas University 2020 Commerce Question 35. It is one of the objective questions from the 2020 Post Utme Veritas University Commerce examination.

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