Post Utme Rsu 2023 Commerce Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Rsu Commerce examination.

Post Utme Rsu 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_RSU • 2023 • COMMERCE • objective

A firm'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 firm wants to produce 100 units of output, how much labor should it hire if it has 16 units of capital?

Answer Options

A. 8 units of labor
B. 16 units of labor
Correct Answer C. 32 units of labor
D. 64 units of labor
Correct Answer
C
Correct Option:
32 units of labor

About This Question

This is Post Utme Rsu 2023 Commerce Question 32. It is one of the objective questions from the 2023 Post Utme Rsu Commerce examination.

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