Post Utme Greenfield University 2019 Economics Question 10

Practice objective / multiple choice question 10 from the 2019 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2019 Economics Objective / Multiple Choice
Question 10 POST_UTME_GREENFIELD_UNIVERSITY • 2019 • ECONOMICS • objective

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

Answer Options

A. 20
B. 40
Correct Answer C. 60
D. 80
Correct Answer
C
Correct Option:
60

About This Question

This is Post Utme Greenfield University 2019 Economics Question 10. It is one of the objective questions from the 2019 Post Utme Greenfield University Economics examination.

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