Post Utme Futa 2021 Economics Question 12
Practice objective / multiple choice question 12 from the 2021 Post Utme Futa Economics examination.
A firm is producing two goods, X and Y, u\sing two inputs, labor and capital. The production function for good X is given by Q_X = 2L^0.5K^0.5, where Q_X is the quantity of good X produced, L is the amount of labor used, and K is the amount of capital used. If the firm uses 100 units of labor and 200 units of capital, how many units of good X will it produce?
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About This Question
This is Post Utme Futa 2021 Economics Question 12. It is one of the objective questions from the 2021 Post Utme Futa Economics examination.
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