Post Utme Bowen University 2022 Economics Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2022 Economics Objective / Multiple Choice
Question 34 POST_UTME_BOWEN_UNIVERSITY • 2022 • ECONOMICS • objective

A farmer's production function is given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the farmer's labor is 10 units and the capital is 20 units, what is the output?

Answer Options

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

About This Question

This is Post Utme Bowen University 2022 Economics Question 34. It is one of the objective questions from the 2022 Post Utme Bowen University Economics examination.

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