Post Utme Caleb University 2021 Economics Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2021 Economics Objective / Multiple Choice
Question 22 POST_UTME_CALEB_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm has 100 units of labor and 200 units of capital, find the maximum output.

Answer Options

A. 100 units
B. 200 units
Correct Answer C. 400 units
D. 800 units
Correct Answer
C
Correct Option:
400 units

About This Question

This is Post Utme Caleb University 2021 Economics Question 22. It is one of the objective questions from the 2021 Post Utme Caleb University Economics examination.

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