Post Utme Ims U 2024 Commerce Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Ims U Commerce examination.

Post Utme Ims U 2024 Commerce Objective / Multiple Choice
Question 9 POST_UTME_IMS_U • 2024 • COMMERCE • objective

A company has a production function 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 company has 100 units of labor and 200 units of capital, how much will it produce?

Answer Options

A. 20 units
B. 30 units
Correct Answer C. 40 units
D. 50 units
Correct Answer
C
Correct Option:
40 units

About This Question

This is Post Utme Ims U 2024 Commerce Question 9. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support