Post Utme Christopher University 2018 Economics Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2018 Economics Objective / Multiple Choice
Question 22 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • ECONOMICS • objective

A firm produces two goods, A and B, u\sing two inputs, labor and capital. The production functions are given by Q_A = 10L^0.5K^0.5 and Q_B = 5L^0.25K^0.75. If the firm has 100 units of labor and 50 units of capital, find the total output of the firm.

Answer Options

A. 250
Correct Answer B. 300
C. 350
D. 400
Correct Answer
B
Correct Option:
300

About This Question

This is Post Utme Christopher University 2018 Economics Question 22. It is one of the objective questions from the 2018 Post Utme Christopher University Economics examination.

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