Post Utme Unn 2021 Commerce Question 10

Practice objective / multiple choice question 10 from the 2021 Post Utme Unn Commerce examination.

Post Utme Unn 2021 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNN • 2021 • COMMERCE • objective

A firm specializes in producing a single product, and its production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm's labor and capital inputs are 100 units and 400 units, respectively, what is the quantity produced?

Answer Options

A. 200
Correct Answer B. 250
C. 300
D. 350
Correct Answer
B
Correct Option:
250

About This Question

This is Post Utme Unn 2021 Commerce Question 10. It is one of the objective questions from the 2021 Post Utme Unn Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support