Post Utme Coal City University 2021 Commerce Question 2
Practice objective / multiple choice question 2 from the 2021 Post Utme Coal City University Commerce examination.
A firm's production function is given by Q = 2L^(1/2)K^(1/2), where Q is output, L is labor, and K is capital. If the firm wants to produce 16 units of output, and it has 4 units of labor, how many units of capital does it need?
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About This Question
This is Post Utme Coal City University 2021 Commerce Question 2. It is one of the objective questions from the 2021 Post Utme Coal City University Commerce examination.
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