Post Utme Wellspring University 2023 Economics Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2023 Economics Objective / Multiple Choice
Question 25 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm has 4 units of labor and 9 units of capital, how many units of output will it produce?

Answer Options

A. 12 units
B. 15 units
Correct Answer C. 18 units
D. 20 units
Correct Answer
C
Correct Option:
18 units

About This Question

This is Post Utme Wellspring University 2023 Economics Question 25. It is one of the objective questions from the 2023 Post Utme Wellspring University Economics examination.

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