Post Utme Aaua 2022 Commerce Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Aaua Commerce examination.

Post Utme Aaua 2022 Commerce Objective / Multiple Choice
Question 27 POST_UTME_AAUA • 2022 • COMMERCE • objective

A firm produces two products, X and Y, using two inputs, labor (L) and capital (K). The production function for product X is given by Q_X = 2L^0.5K^0.5, while the production function for product Y is given by Q_Y = 3L^0.25K^0.75. If the firm has 100 units of labor and 200 units of capital, what is the total output of the firm?

Answer Options

A. 300
B. 400
Correct Answer C. 500
D. 600
Correct Answer
C
Correct Option:
500

About This Question

This is Post Utme Aaua 2022 Commerce Question 27. It is one of the objective questions from the 2022 Post Utme Aaua Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support