Post Utme Madonna University 2021 Economics Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2021 Economics Objective / Multiple Choice
Question 5 POST_UTME_MADONNA_UNIVERSITY • 2021 • ECONOMICS • objective

The production function for a firm is given by q = 2K^0.5. If the firm's capital is ₦100,000, what is the output?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Madonna University 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Madonna University Economics examination.

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