Post Utme Pan Atlantic University 2017 Economics Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2017 Economics Objective / Multiple Choice
Question 3 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm wants to produce 100 units of output, and labor is 16 units, find the value of K.

Answer Options

A. 25
B. 30
Correct Answer C. 35
D. 40
Correct Answer
C
Correct Option:
35

About This Question

This is Post Utme Pan Atlantic University 2017 Economics Question 3. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.

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