Post Utme Ims U 2020 Commerce Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Ims U Commerce examination.

Post Utme Ims U 2020 Commerce Objective / Multiple Choice
Question 17 POST_UTME_IMS_U • 2020 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm wants to produce 16 units of output, and it has 4 units of labor available, how many units of capital should it hire?

Answer Options

A. 2
Correct Answer B. 4
C. 8
D. 16
Correct Answer
B
Correct Option:
4

About This Question

This is Post Utme Ims U 2020 Commerce Question 17. It is one of the objective questions from the 2020 Post Utme Ims U Commerce examination.

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