Post Utme Skyline University 2023 Commerce Question 32

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

Post Utme Skyline University 2023 Commerce Objective / Multiple Choice
Question 32 POST_UTME_SKYLINE_UNIVERSITY • 2023 • COMMERCE • 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 16 units of output, and it has 4 units of labor, how many units of capital does it need?

Answer Options

A. 4
B. 8
Correct Answer C. 16
D. 32
Correct Answer
C
Correct Option:
16

About This Question

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

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