Post Utme Greenfield University 2017 Economics Question 32

Practice objective / multiple choice question 32 from the 2017 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2017 Economics Objective / Multiple Choice
Question 32 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • ECONOMICS • objective

A firm produces two goods, X and Y, u\sing two inputs, labor (L) and capital (K). The production function for good X is given by \( Q_X = 2L^{0.5}K^{0.5} \). If the firm has 100 units of labor and 200 units of capital, how many units of good X will it produce?

Answer Options

A. 100
B. 200
C. 50
Correct Answer D. 150
Correct Answer
D
Correct Option:
150

About This Question

This is Post Utme Greenfield University 2017 Economics Question 32. It is one of the objective questions from the 2017 Post Utme Greenfield University Economics examination.

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