Post Utme Bsu 2025 Economics Question 1

Practice objective / multiple choice question 1 from the 2025 Post Utme Bsu Economics examination.

Post Utme Bsu 2025 Economics Objective / Multiple Choice
Question 1 POST_UTME_BSU • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's output increases by 20% due to a 10% increase in labor and a 15% increase in capital, what is the return to scale of the firm?

Answer Options

A. Increa\sing
B. Decrea\sing
Correct Answer C. Cons\tant
D. Indeterminate
Correct Answer
C
Correct Option:
Cons\tant

About This Question

This is Post Utme Bsu 2025 Economics Question 1. It is one of the objective questions from the 2025 Post Utme Bsu Economics examination.

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