Post Utme Unn 2023 Economics Question 1
Practice objective / multiple choice question 1 from the 2023 Post Utme Unn Economics examination.
A firm's production function is given by Q = 100L^0.5K^0.5, where Q is output, L is labor and K is capital. If the firm's labor and capital are fixed at 100 and 400 respectively, what is the maximum output?
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About This Question
This is Post Utme Unn 2023 Economics Question 1. It is one of the objective questions from the 2023 Post Utme Unn Economics examination.
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