Post Utme Greenfield University 2024 Economics Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2024 Economics Objective / Multiple Choice
Question 36 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's production function is given by \( Q = 2L^0.5K^0.5 \), where ( L ) is labor and ( K ) is capital. If the firm wants to produce 100 units of output, how many units of labor are required if capital is 16 units?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Greenfield University 2024 Economics Question 36. It is one of the objective questions from the 2024 Post Utme Greenfield University Economics examination.

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