Post Utme Lead City University 2023 Economics Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2023 Economics Objective / Multiple Choice
Question 4 POST_UTME_LEAD_CITY_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's production function is given by Q = 100L^0.5K^0.5. If the firm's current input levels are L = 4 and K = 9, what is the total product (TP) at these input levels?

Answer Options

A. \( TP = 100 \)
Correct Answer B. \( TP = 200 \)
C. \( TP = 300 \)
D. \( TP = 400 \)
Correct Answer
B
Correct Option:
\( TP = 200 \)

About This Question

This is Post Utme Lead City University 2023 Economics Question 4. It is one of the objective questions from the 2023 Post Utme Lead City University Economics examination.

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