Post Utme Wellspring University 2017 Commerce Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2017 Commerce Objective / Multiple Choice
Question 30 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • COMMERCE • objective

A company's production function is given by Q = 3L^0.7K^0.3. If the firm's current output is 27 units and the number of workers is 9, how many units of capital are required?

Answer Options

A. 6 units
Correct Answer B. 12 units
C. 18 units
D. 24 units
Correct Answer
B
Correct Option:
12 units

About This Question

This is Post Utme Wellspring University 2017 Commerce Question 30. It is one of the objective questions from the 2017 Post Utme Wellspring University Commerce examination.

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