Post Utme Unn 2021 Commerce Question 39

Practice objective / multiple choice question 39 from the 2021 Post Utme Unn Commerce examination.

Post Utme Unn 2021 Commerce Objective / Multiple Choice
Question 39 POST_UTME_UNN • 2021 • COMMERCE • objective

A company has the following production function: Q = 2L^0.4K^0.3, where Q is output, L is labor, and K is capital. If the company hires 100 units of labor and 200 units of capital, what is the total product?

Answer Options

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

About This Question

This is Post Utme Unn 2021 Commerce Question 39. It is one of the objective questions from the 2021 Post Utme Unn Commerce examination.

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