Post Utme Veritas University 2019 Commerce Question 37

Practice objective / multiple choice question 37 from the 2019 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2019 Commerce Objective / Multiple Choice
Question 37 POST_UTME_VERITAS_UNIVERSITY • 2019 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current labor and capital inputs are 16 and 9 respectively, what is the firm's current level of output?

Answer Options

A. 24
B. 32
Correct Answer C. 48
D. 64
Correct Answer
C
Correct Option:
48

About This Question

This is Post Utme Veritas University 2019 Commerce Question 37. It is one of the objective questions from the 2019 Post Utme Veritas University Commerce examination.

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