Post Utme Oau 2018 Commerce Question 6

Practice objective / multiple choice question 6 from the 2018 Post Utme Oau Commerce examination.

Post Utme Oau 2018 Commerce Objective / Multiple Choice
Question 6 POST_UTME_OAU • 2018 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5H^0.5, where Q is output, L is labor, and H is capital. If the firm wants to increase output by 20% while keeping labor constant at 100 units, how much capital should it invest?

Answer Options

Correct Answer A. ( 100 sqrt{5} )
B. ( 50 sqrt{5} )
C. ( 200 sqrt{5} )
D. ( 500 sqrt{5} )
Correct Answer
A
Correct Option:
( 100 sqrt{5} )

About This Question

This is Post Utme Oau 2018 Commerce Question 6. It is one of the objective questions from the 2018 Post Utme Oau Commerce examination.

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