Post Utme Abu 2021 Commerce Question 10
Practice objective / multiple choice question 10 from the 2021 Post Utme Abu Commerce examination.
A firm is producing a good using two inputs, labor and capital. The production function for the good is given by Q = 2L^0.5K^0.5, where Q is the quantity of the good produced, L is the amount of labor used, and K is the amount of capital used. If the firm uses 100 units of labor and 200 units of capital, what is the quantity of the good produced?
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About This Question
This is Post Utme Abu 2021 Commerce Question 10. It is one of the objective questions from the 2021 Post Utme Abu Commerce examination.
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