Post Utme Nile University 2024 Commerce Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Nile University Commerce examination.

Post Utme Nile University 2024 Commerce Objective / Multiple Choice
Question 7 POST_UTME_NILE_UNIVERSITY • 2024 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current labor and capital inputs are L = 16 and K = 9, respectively, what is the firm's current output?

Answer Options

A. 24
B. 36
Correct Answer C. 48
D. 64
Correct Answer
C
Correct Option:
48

About This Question

This is Post Utme Nile University 2024 Commerce Question 7. It is one of the objective questions from the 2024 Post Utme Nile University Commerce examination.

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