Post Utme Babcock University 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's production function is given by \( Q = 2K^0.5L^0.5 \). If the firm's capital is ₦100,000 and its labor is 10 workers, what is its output?

Answer Options

A. 100 units
Correct Answer B. 200 units
C. 300 units
D. 400 units
Correct Answer
B
Correct Option:
200 units

About This Question

This is Post Utme Babcock University 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Babcock University Economics examination.

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