Post Utme Igbinedion University 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_IGBINEDION_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm's labor and capital are 100 units each, what is the firm's output?

Answer Options

A. 200 units
Correct Answer B. 400 units
C. 600 units
D. 800 units
Correct Answer
B
Correct Option:
400 units

About This Question

This is Post Utme Igbinedion University 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Igbinedion University Economics examination.

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