Post Utme Futa 2020 Commerce Question 2
Practice objective / multiple choice question 2 from the 2020 Post Utme Futa Commerce examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the number of labor hours, and K is the amount of capital. If the firm wants to produce 100 units of output, how many labor hours are required if the amount of capital is 400 units?
Answer Options
About This Question
This is Post Utme Futa 2020 Commerce Question 2. It is one of the objective questions from the 2020 Post Utme Futa Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.