Post Utme Lasu 2019 Commerce Question 12
Practice objective / multiple choice question 12 from the 2019 Post Utme Lasu Commerce examination.
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 16 units of output, how many units of labor are required if capital is fixed at 4 units?
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About This Question
This is Post Utme Lasu 2019 Commerce Question 12. It is one of the objective questions from the 2019 Post Utme Lasu Commerce examination.
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