Post Utme Lead City University 2018 Commerce Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2018 Commerce Objective / Multiple Choice
Question 2 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current output is 16 units and the number of workers (L) is 4, how many machines (K) are required?

Answer Options

A. 4
Correct Answer B. 6
C. 8
D. 10
Correct Answer
B
Correct Option:
6

About This Question

This is Post Utme Lead City University 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Lead City University 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