Post Utme Noun 2020 Economics Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Noun Economics examination.

Post Utme Noun 2020 Economics Objective / Multiple Choice
Question 14 POST_UTME_NOUN • 2020 • ECONOMICS • objective

A firm's production function is given by the equation Q = 10L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm uses 100 units of labor and 100 units of capital, what is the output?

Answer Options

A. 100
B. 200
Correct Answer C. 300
D. 400
Correct Answer
C
Correct Option:
300

About This Question

This is Post Utme Noun 2020 Economics Question 14. It is one of the objective questions from the 2020 Post Utme Noun Economics examination.

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