Post Utme Bsu 2021 Economics Question 24

Practice objective / multiple choice question 24 from the 2021 Post Utme Bsu Economics examination.

Post Utme Bsu 2021 Economics Objective / Multiple Choice
Question 24 POST_UTME_BSU • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5, where Q is the quantity produced and L is the labor input. If the wage rate is 10 naira per hour, what is the profit-maximizing level of labor input?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Bsu 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Bsu Economics examination.

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