Post Utme Uniport 2023 Commerce Question 7

Practice objective / multiple choice question 7 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 7 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is labor, and K is capital. If the firm wants to produce 100 units of output, and labor is fixed at 16 units, how many units of capital are required?

Answer Options

Correct Answer A. 64
B. 32
C. 128
D. 256
Correct Answer
A
Correct Option:
64

About This Question

This is Post Utme Uniport 2023 Commerce Question 7. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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