Post Utme Abu 2021 Economics Question 10
Practice objective / multiple choice question 10 from the 2021 Post Utme Abu Economics examination.
A firm's production function is given by Q = 100 + 2L - 0.1L^2, where Q is the output and L is the labor. If the firm's \cost function is C = 50 + 2L + 0.1L^2, find the value of L that minimizes the \cost.
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About This Question
This is Post Utme Abu 2021 Economics Question 10. It is one of the objective questions from the 2021 Post Utme Abu Economics examination.
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