Post Utme Osustech 2020 Commerce Question 2
Practice objective / multiple choice question 2 from the 2020 Post Utme Osustech Commerce examination.
A company's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is labor and K is capital. If the company wants to produce 100 units of output, how much labor and capital should it hire?
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About This Question
This is Post Utme Osustech 2020 Commerce Question 2. It is one of the objective questions from the 2020 Post Utme Osustech Commerce examination.
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