Post Utme Greenfield University 2017 Commerce Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2017 Commerce Objective / Multiple Choice
Question 17 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • COMMERCE • 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 wants to produce 100 units of output, how many units of labor are required if K = 16?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Greenfield University 2017 Commerce Question 17. It is one of the objective questions from the 2017 Post Utme Greenfield University Commerce examination.

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