Post Utme Uniport 2021 Commerce Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Uniport Commerce examination.

Post Utme Uniport 2021 Commerce Objective / Multiple Choice
Question 31 POST_UTME_UNIPORT • 2021 • COMMERCE • objective

A firm specializes in producing a single product, which is a type of commodity. The 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 hires 16 workers, what is the quantity produced?

Answer Options

Correct Answer A. 400
B. 160
C. 640
D. 80
Correct Answer
A
Correct Option:
400

About This Question

This is Post Utme Uniport 2021 Commerce Question 31. It is one of the objective questions from the 2021 Post Utme Uniport Commerce examination.

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