Post Utme Ui 2017 Commerce Question 21

Practice objective / multiple choice question 21 from the 2017 Post Utme Ui Commerce examination.

Post Utme Ui 2017 Commerce Objective / Multiple Choice
Question 21 POST_UTME_UI • 2017 • COMMERCE • objective

A firm has a production function given by Q = 2L^0.5 + 3K^0.5, where Q is the quantity produced, L is labor and K is capital. If the firm has 100 units of labor and 200 units of capital, what is the total product of labor?

Answer Options

A. 100
B. 120
Correct Answer C. 150
D. 200
Correct Answer
C
Correct Option:
150

About This Question

This is Post Utme Ui 2017 Commerce Question 21. It is one of the objective questions from the 2017 Post Utme Ui Commerce examination.

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