Post Utme Lead City University 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm increases its labor input from 4 units to 9 units, and holds capital input cons\tant at 16 units, what is the new level of output?

Answer Options

A. 24
B. 36
Correct Answer C. 48
D. 60
Correct Answer
C
Correct Option:
48

About This Question

This is Post Utme Lead City University 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.

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