Post Utme Wellspring University 2024 Economics Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2024 Economics Objective / Multiple Choice
Question 34 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's production function is given by the equation Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the labor is 50 units and the capital is 100 units, what is the output?

Answer Options

A. 20
B. 40
C. 60
D. 80
Correct Answer
N/A

About This Question

This is Post Utme Wellspring University 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Wellspring University Economics examination.

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