Post Utme Bells University 2018 Economics Question 16

Practice objective / multiple choice question 16 from the 2018 Post Utme Bells University Economics examination.

Post Utme Bells University 2018 Economics Objective / Multiple Choice
Question 16 POST_UTME_BELLS_UNIVERSITY • 2018 • ECONOMICS • objective

The production function is given by Q = 100K^\( 1/2 \)L^\( 1/2 \). If the scale of production is increased by a factor of 4, what is the new production function?

Answer Options

Correct Answer A. Q = 400K^\( 1/2 \)L^\( 1/2 \)
B. Q = 100K^\( 1/2 \)L^\( 1/2 \)
C. Q = 200K^\( 1/2 \)L^\( 1/2 \)
D. Q = 50K^\( 1/2 \)L^\( 1/2 \)
Correct Answer
A
Correct Option:
Q = 400K^\( 1/2 \)L^\( 1/2 \)

About This Question

This is Post Utme Bells University 2018 Economics Question 16. It is one of the objective questions from the 2018 Post Utme Bells University Economics examination.

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