Post Utme Bsu 2024 Commerce Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Bsu Commerce examination.

Post Utme Bsu 2024 Commerce Objective / Multiple Choice
Question 6 POST_UTME_BSU • 2024 • COMMERCE • objective

A firm specializes in producing a single product, and its production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm's labor and capital inputs are 100 units each, what is the quantity produced?

Answer Options

Correct Answer A. 1000
B. 500
C. 2000
D. 3000
Correct Answer
A
Correct Option:
1000

About This Question

This is Post Utme Bsu 2024 Commerce Question 6. It is one of the objective questions from the 2024 Post Utme Bsu Commerce examination.

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