Post Utme Summit University 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Summit University Economics examination.

Post Utme Summit University 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_SUMMIT_UNIVERSITY • 2019 • ECONOMICS • objective

A firm's production function is given by the equation Q = 100L^\( -1/2 \)K^\( -1/2 \). If the firm's output is 100 units and its labor input is 25 units, what is the value of its capital input?

Answer Options

A. 25 units
B. 50 units
Correct Answer C. 75 units
D. 100 units
Correct Answer
C
Correct Option:
75 units

About This Question

This is Post Utme Summit University 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Summit University Economics examination.

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