Post Utme Aaua 2018 Commerce Question 32
Practice objective / multiple choice question 32 from the 2018 Post Utme Aaua Commerce examination.
A company has a production function given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the number of labor hours, and K is the amount of capital. If the company wants to produce 100 units of output, how many labor hours and capital units should it use?
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About This Question
This is Post Utme Aaua 2018 Commerce Question 32. It is one of the objective questions from the 2018 Post Utme Aaua Commerce examination.
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