Post Utme Afe Babalola University 2019 General Studies Question 35
Practice objective / multiple choice question 35 from the 2019 Post Utme Afe Babalola University General Studies examination.
A firm has a production function given by Q = 2L^0.5K^0.5. If the price of labor is 10 per unit and the price of capital is 20 per unit, what is the optimal level of labor and capital?
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This is Post Utme Afe Babalola University 2019 General Studies Question 35. It is one of the objective questions from the 2019 Post Utme Afe Babalola University General Studies examination.
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