Post Utme Uniosun 2017 Economics Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2017 Economics Objective / Multiple Choice
Question 27 POST_UTME_UNIOSUN • 2017 • ECONOMICS • objective

A firm produces two goods, A and B, u\sing two inputs, labor and capital. The production functions are given by Q_A = 2L^0.5K^0.5 and Q_B = 3L^0.7K^0.3. If the firm has 100 units of labor and 50 units of capital, what is the total output of the firm?

Answer Options

A. 50
B. 75
Correct Answer C. 100
D. 125
Correct Answer
C
Correct Option:
100

About This Question

This is Post Utme Uniosun 2017 Economics Question 27. It is one of the objective questions from the 2017 Post Utme Uniosun Economics examination.

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