Post Utme Unilag 2018 Commerce Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Unilag Commerce examination.

Post Utme Unilag 2018 Commerce Objective / Multiple Choice
Question 38 POST_UTME_UNILAG • 2018 • COMMERCE • objective

A firm's production function is given by Q = 100L^0.5, where Q is the quantity produced and L is the labor input. If the firm wants to produce 400 units of output, how many workers should it hire?

Answer Options

A. 10 workers
Correct Answer B. 20 workers
C. 30 workers
D. 40 workers
Correct Answer
B
Correct Option:
20 workers

About This Question

This is Post Utme Unilag 2018 Commerce Question 38. It is one of the objective questions from the 2018 Post Utme Unilag Commerce examination.

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