Post Utme Ims U 2018 Commerce Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Ims U Commerce examination.

Post Utme Ims U 2018 Commerce Objective / Multiple Choice
Question 22 POST_UTME_IMS_U • 2018 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is labor, and K is capital. If the firm wants to produce 100 units of output, how much labor should it hire if it has 16 units of capital?

Answer Options

A. 8
Correct Answer B. 16
C. 32
D. 64
Correct Answer
B
Correct Option:
16

About This Question

This is Post Utme Ims U 2018 Commerce Question 22. It is one of the objective questions from the 2018 Post Utme Ims U Commerce examination.

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