Post Utme Crawford University 2025 Economics Question 23

Practice objective / multiple choice question 23 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice
Question 23 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's production function is given by the equation Q = 2L^0.5K^0.5, where Q is the quantity produced, L is labor, and K is capital. If the firm uses 100 units of labor and 100 units of capital, what is the quantity produced?

Answer Options

A. 100
Correct Answer B. 200
C. 300
D. 400
Correct Answer
B
Correct Option:
200

About This Question

This is Post Utme Crawford University 2025 Economics Question 23. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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