Post Utme Oau 2018 Economics Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Oau Economics examination.

Post Utme Oau 2018 Economics Objective / Multiple Choice
Question 32 POST_UTME_OAU • 2018 • ECONOMICS • objective

A firm produces two goods, A and B, u\sing two inputs, labor and capital. The production functions are given by Q_A = 10L^0.5K^0.5 and Q_B = 5L^0.2K^0.8. If the firm has 100 units of labor and 50 units of capital, what is the total output of the firm?

Answer Options

A. 1000
B. 1200
Correct Answer C. 1500
D. 2000
Correct Answer
C
Correct Option:
1500

About This Question

This is Post Utme Oau 2018 Economics Question 32. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.

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