Post Utme Bells University 2021 Economics Question 3

Practice objective / multiple choice question 3 from the 2021 Post Utme Bells University Economics examination.

Post Utme Bells University 2021 Economics Objective / Multiple Choice
Question 3 POST_UTME_BELLS_UNIVERSITY • 2021 • ECONOMICS • objective

A firm is operating under a cons\tant returns to scale production function. If the firm increases its inputs by 10%, what will be the percentage change in its output?

Answer Options

Correct Answer A. 0%
B. 5%
C. 10%
D. 15%
Correct Answer
A
Correct Option:
0%

About This Question

This is Post Utme Bells University 2021 Economics Question 3. It is one of the objective questions from the 2021 Post Utme Bells University Economics examination.

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