Post Utme Igbinedion University 2020 Commerce Question 38
Practice objective / multiple choice question 38 from the 2020 Post Utme Igbinedion University Commerce examination.
A firm has a production function given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm wants to produce 100 units of output, and it has 4 units of labor, how many units of capital does it need?
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About This Question
This is Post Utme Igbinedion University 2020 Commerce Question 38. It is one of the objective questions from the 2020 Post Utme Igbinedion University Commerce examination.
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