Post Utme Elizade University 2019 Economics Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2019 Economics Objective / Multiple Choice
Question 23 POST_UTME_ELIZADE_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm increases its labor input from 100 units to 120 units and keeps the capital input cons\tant at 100 units, what is the new output?

Answer Options

A. New output: 120 units
Correct Answer B. New output: 140 units
C. New output: 160 units
D. New output: 180 units
Correct Answer
B
Correct Option:
New output: 140 units

About This Question

This is Post Utme Elizade University 2019 Economics Question 23. It is one of the objective questions from the 2019 Post Utme Elizade University Economics examination.

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