Post Utme Veritas University 2025 Economics Question 18

Practice objective / multiple choice question 18 from the 2025 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2025 Economics Objective / Multiple Choice
Question 18 POST_UTME_VERITAS_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's production function is given by \( Q = 2L^2 + 3K^2 \). If the firm's output is 100 units and the wage rate is ₦10 per unit of labor, find the optimal level of capital.

Answer Options

A. K = 5 units
Correct Answer B. K = 10 units
C. K = 15 units
D. K = 20 units
Correct Answer
B
Correct Option:
K = 10 units

About This Question

This is Post Utme Veritas University 2025 Economics Question 18. It is one of the objective questions from the 2025 Post Utme Veritas University Economics examination.

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