Post Utme Futo 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Futo Economics examination.

Post Utme Futo 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_FUTO • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm's labor and capital inputs are 100 and 200 respectively, what is the value of its output?

Answer Options

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

About This Question

This is Post Utme Futo 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Futo Economics examination.

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