Post Utme Osustech 2017 Commerce Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Osustech Commerce examination.

Post Utme Osustech 2017 Commerce Objective / Multiple Choice
Question 21 POST_UTME_OSUSTECH • 2017 • COMMERCE • objective

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 units of capital are required if L = 400?

Answer Options

A. 100
B. 200
Correct Answer C. 400
D. 800
Correct Answer
C
Correct Option:
400

About This Question

This is Post Utme Osustech 2017 Commerce Question 21. It is one of the objective questions from the 2017 Post Utme Osustech Commerce examination.

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