Post Utme Greenfield University 2019 Commerce Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2019 Commerce Objective / Multiple Choice
Question 7 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm wants to produce 16 units of output, and it has 4 units of labor, how many units of capital does it need?

Answer Options

A. 2
B. 4
Correct Answer C. 8
D. 16
Correct Answer
C
Correct Option:
8

About This Question

This is Post Utme Greenfield University 2019 Commerce Question 7. It is one of the objective questions from the 2019 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