Post Utme Caleb University 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2025 Economics Objective / Multiple Choice
Question 19 POST_UTME_CALEB_UNIVERSITY • 2025 • ECONOMICS • objective

A firm is producing a good with the following production function: Q = 2L^0.5K^0.5. Find the returns to scale of the firm.

Answer Options

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

About This Question

This is Post Utme Caleb University 2025 Economics Question 19. It is one of the objective questions from the 2025 Post Utme Caleb University Economics examination.

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