Post Utme Osustech 2017 Commerce Question 17
Practice objective / multiple choice question 17 from the 2017 Post Utme Osustech Commerce examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the number of labor hours, and K is the amount of capital. If the firm wants to produce 100 units of output, how many labor hours are required if K = 400?
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About This Question
This is Post Utme Osustech 2017 Commerce Question 17. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.
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