Post Utme Pan Atlantic University 2018 Commerce Question 36
Practice objective / multiple choice question 36 from the 2018 Post Utme Pan Atlantic University Commerce examination.
A company's production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the number of labor hours, and K is the capital stock. If the company wants to produce 100 units of output, how many labor hours are required if the capital stock is 400?
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About This Question
This is Post Utme Pan Atlantic University 2018 Commerce Question 36. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Commerce examination.
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