Post Utme Christopher University 2021 Economics Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2021 Economics Objective / Multiple Choice
Question 31 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • ECONOMICS • objective

A firm is producing a good with the following production function: Q = 2L^0.5K^0.5. If the firm's labor and capital are 4 and 9 respectively, what is the firm's output?

Answer Options

A. 8
B. 10
Correct Answer C. 12
D. 14
Correct Answer
C
Correct Option:
12

About This Question

This is Post Utme Christopher University 2021 Economics Question 31. It is one of the objective questions from the 2021 Post Utme Christopher University Economics examination.

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