Post Utme Veritas University 2018 Economics Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2018 Economics Objective / Multiple Choice
Question 9 POST_UTME_VERITAS_UNIVERSITY • 2018 • ECONOMICS • objective

A firm produces a good u\sing two inputs, labor and capital. The production function is given by Q = 2L^0.5K^0.5. If the firm uses 100 units of labor and 50 units of capital, calculate the total product.

Answer Options

A. 10
B. 20
Correct Answer C. 30
D. 40
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Veritas University 2018 Economics Question 9. It is one of the objective questions from the 2018 Post Utme Veritas University Economics examination.

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