Post Utme Caleb University 2019 Commerce Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2019 Commerce Objective / Multiple Choice
Question 35 POST_UTME_CALEB_UNIVERSITY • 2019 • COMMERCE • objective

A company has a production function given by Q = 3L^0.5K^0.5, where Q is output, L is labor and K is capital. If the company increases labor from 4 to 9 units, and capital from 9 to 16 units, what is the new level of output?

Answer Options

A. 24
B. 30
Correct Answer C. 36
D. 42
Correct Answer
C
Correct Option:
36

About This Question

This is Post Utme Caleb University 2019 Commerce Question 35. It is one of the objective questions from the 2019 Post Utme Caleb University Commerce examination.

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