Post Utme Covenant University 2020 Economics Question 38
Practice objective / multiple choice question 38 from the 2020 Post Utme Covenant University Economics examination.
A firm's production function is given by Q = 3L^\( 1/3 \)K^\( 2/3 \), where L is labor and K is capital. If the firm's output is 27 units, and labor is 1 unit, what is the value of capital (K)?
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About This Question
This is Post Utme Covenant University 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Covenant University Economics examination.
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