Post Utme Ims U 2019 Economics Question 7

Practice objective / multiple choice question 7 from the 2019 Post Utme Ims U Economics examination.

Post Utme Ims U 2019 Economics Objective / Multiple Choice
Question 7 POST_UTME_IMS_U • 2019 • ECONOMICS • objective

A firm produces two goods, X and Y, u\sing two inputs, labor and capital. The production functions are given by X = 2L^0.5K^0.5 and Y = 3L^0.5K^0.5. If the firm has 100 units of labor and 200 units of capital, what is the total output?

Answer Options

A. 1000
B. 1200
Correct Answer C. 1500
D. 1800
Correct Answer
C
Correct Option:
1500

About This Question

This is Post Utme Ims U 2019 Economics Question 7. It is one of the objective questions from the 2019 Post Utme Ims U Economics examination.

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