Post Utme Futa 2019 Economics Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Futa Economics examination.

Post Utme Futa 2019 Economics Objective / Multiple Choice
Question 9 POST_UTME_FUTA • 2019 • ECONOMICS • objective

A firm's production function is given by the equation Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm wants to produce 100 units of output, find the required labor and capital.

Answer Options

A. L = 25, K = 25
B. L = 50, K = 50
Correct Answer C. L = 100, K = 100
D. L = 200, K = 200
Correct Answer
C
Correct Option:
L = 100, K = 100

About This Question

This is Post Utme Futa 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Futa Economics examination.

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