Post Utme Mountain Top University 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • COMMERCE • objective

A company has a production function given by the equation Q = 3L * K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the company uses 200 units of labor and 900 units of capital, what is the quantity produced?

Answer Options

A. 120
B. 240
C. 360
Correct Answer D. 480
Correct Answer
D
Correct Option:
480

About This Question

This is Post Utme Mountain Top University 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Mountain Top University Commerce examination.

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