Post Utme Al Hikmah University 2018 Economics Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 30 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's industrial sector is characterized by a production function Q = 2L^0.5 + 3K^0.5. If the firm's labor and capital inputs are 4 and 9 respectively, what is the firm's industrial output?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 30. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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