Post Utme Unn 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Unn Economics examination.

Post Utme Unn 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_UNN • 2022 • ECONOMICS • objective

A firm's production function is given by the equation Q = 100K^0.5L^0.5, where Q is the quantity produced, K is the capital and L is the labor. If the firm has 100 units of capital and 100 units of labor, what is the quantity produced?

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 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Unn Economics examination.

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