Post Utme Covenant University 2020 Economics Question 40
Practice objective / multiple choice question 40 from the 2020 Post Utme Covenant University Economics examination.
A firm's production function is given by Q = 2L^\( 2/3 \)K^\( 1/3 \), where L is labor and K is capital. If the firm's output is 8 units, and labor is 4 units, what is the value of capital (K)?
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About This Question
This is Post Utme Covenant University 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Covenant University Economics examination.
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