Post Utme Al Hikmah University 2018 Economics Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 36 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

A firm produces two goods, A and B, u\sing two inputs, labor and capital. The production functions are given by Q_A = 2L^0.5K^0.5 and Q_B = 3L^0.7K^0.3. If the firm has 100 units of labor and 50 units of capital, what is the total output of the firm?

Answer Options

A. 100
B. 150
Correct Answer C. 200
D. 250
Correct Answer
C
Correct Option:
200

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 36. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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