Post Utme Veritas University 2025 Economics Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2025 Economics Objective / Multiple Choice
Question 20 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 labor.

Answer Options

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

About This Question

This is Post Utme Veritas University 2025 Economics Question 20. It is one of the objective questions from the 2025 Post Utme Veritas University Economics examination.

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