Post Utme Eksu 2017 Economics Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Eksu Economics examination.

Post Utme Eksu 2017 Economics Objective / Multiple Choice
Question 19 POST_UTME_EKSU • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm wants to produce 100 units of output, and it has 10 units of labor available, how much capital should it hire?

Answer Options

A. 5 units
B. 10 units
Correct Answer C. 15 units
D. 20 units
Correct Answer
C
Correct Option:
15 units

About This Question

This is Post Utme Eksu 2017 Economics Question 19. It is one of the objective questions from the 2017 Post Utme Eksu Economics examination.

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