Post Utme Bsu 2021 Economics Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Bsu Economics examination.

Post Utme Bsu 2021 Economics Objective / Multiple Choice
Question 5 POST_UTME_BSU • 2021 • ECONOMICS • objective

A firm produces a good u\sing a production function Q = 2L^0.5K^0.5. The firm has 100 units of Labour and 50 units of Capital. U\sing the production theory framework, determine the returns to scale.

Answer Options

A. Increa\sing Returns to Scale
B. Decrea\sing Returns to Scale
Correct Answer C. Cons\tant Returns to Scale
D. No Returns to Scale
Correct Answer
C
Correct Option:
Cons\tant Returns to Scale

About This Question

This is Post Utme Bsu 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Bsu Economics examination.

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