Post Utme Lautech 2018 Economics Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Lautech Economics examination.

Post Utme Lautech 2018 Economics Objective / Multiple Choice
Question 23 POST_UTME_LAUTECH • 2018 • ECONOMICS • objective

A firm has a production function of \( Q = 10L^0.5K^0.5 \). If the firm uses 100 units of labor and 400 units of capital, what is the output level?

Answer Options

A. 100 units
B. 200 units
Correct Answer C. 300 units
D. 400 units
Correct Answer
C
Correct Option:
300 units

About This Question

This is Post Utme Lautech 2018 Economics Question 23. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.

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