Post Utme Aaua 2025 Economics Question 33
Practice objective / multiple choice question 33 from the 2025 Post Utme Aaua Economics examination.
A firm is producing a good u\sing a production function of the form Q = 2L^0.5K^0.5, where L is labor and K is capital. If the firm's MPL is 0.5 units of output per additional worker, and the wage rate is ₦100 per hour, what is the firm's optimal level of labor?
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About This Question
This is Post Utme Aaua 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Aaua Economics examination.
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