Post Utme Mountain Top University 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice
Question 14 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm has 10 units of labor and 20 units of capital, what is the output?

Answer Options

A. 20 units
B. 30 units
Correct Answer C. 40 units
D. 50 units
Correct Answer
C
Correct Option:
40 units

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 14. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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