Post Utme Greenfield University 2022 Economics Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2022 Economics Objective / Multiple Choice
Question 7 POST_UTME_GREENFIELD_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current labor and capital inputs are L = 16 and K = 9, respectively, what is the firm's current output?

Answer Options

A. 8
B. 12
Correct Answer C. 16
D. 20
Correct Answer
C
Correct Option:
16

About This Question

This is Post Utme Greenfield University 2022 Economics Question 7. It is one of the objective questions from the 2022 Post Utme Greenfield University Economics examination.

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