Post Utme Futa 2018 Economics Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Futa Economics examination.

Post Utme Futa 2018 Economics Objective / Multiple Choice
Question 5 POST_UTME_FUTA • 2018 • 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 has 100 units of labor and 100 units of capital, find the quantity produced.

Answer Options

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

About This Question

This is Post Utme Futa 2018 Economics Question 5. It is one of the objective questions from the 2018 Post Utme Futa Economics examination.

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