Post Utme Unilorin 2022 Economics Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2022 Economics Objective / Multiple Choice
Question 40 POST_UTME_UNILORIN • 2022 • ECONOMICS • objective

A firm's production function is given by the equation Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm's labor and capital are given by the equations L = 100 and K = 100, what is the firm's output?

Answer Options

A. 100 units
Correct Answer B. 200 units
C. 300 units
D. 400 units
Correct Answer
B
Correct Option:
200 units

About This Question

This is Post Utme Unilorin 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Unilorin Economics examination.

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