Post Utme Ksu 2025 Commerce Question 5
Practice objective / multiple choice question 5 from the 2025 Post Utme Ksu Commerce examination.
A firm wants to produce a new product using a combination of labor and capital. The production function is given by the equation ( Q = 2L^0.5K^0.25 ), where Q is the quantity produced, L is labor, and K is capital. If the firm wants to produce 16 units of the product, and it has 4 units of labor and 9 units of capital, what is the minimum amount of capital it needs to produce 16 units?
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About This Question
This is Post Utme Ksu 2025 Commerce Question 5. It is one of the objective questions from the 2025 Post Utme Ksu Commerce examination.
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