Post Utme Greenfield University 2018 Commerce Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2018 Commerce Objective / Multiple Choice
Question 25 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • COMMERCE • objective

A firm has a production function Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm wants to produce 100 units of output, how many units of labor and capital are required?

Answer Options

A. L = 25, K = 25
Correct Answer B. L = 50, K = 50
C. L = 100, K = 100
D. L = 200, K = 200
Correct Answer
B
Correct Option:
L = 50, K = 50

About This Question

This is Post Utme Greenfield University 2018 Commerce Question 25. It is one of the objective questions from the 2018 Post Utme Greenfield University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support