Post Utme Veritas University 2022 Economics Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2022 Economics Objective / Multiple Choice
Question 23 POST_UTME_VERITAS_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's labor and capital inputs are 100 and 200 units respectively, what is the firm's output?

Answer Options

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

About This Question

This is Post Utme Veritas University 2022 Economics Question 23. It is one of the objective questions from the 2022 Post Utme Veritas University Economics examination.

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