Post Utme Osustech 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Osustech Economics examination.

Post Utme Osustech 2024 Economics Objective / Multiple Choice
Question 29 POST_UTME_OSUSTECH • 2024 • ECONOMICS • objective

A country's production function is given by the equation Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the country has 100 units of labor and 200 units of capital, what is the output?

Answer Options

A. 100 units
B. 200 units
Correct Answer C. 300 units
D. 400 units
Correct Answer
C
Correct Option:
300 units

About This Question

This is Post Utme Osustech 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Osustech Economics examination.

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