Post Utme Christopher University 2025 Economics Question 38

Practice objective / multiple choice question 38 from the 2025 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2025 Economics Objective / Multiple Choice
Question 38 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's production function is given by F(K, L) = 10K^0.5L^0.5. If the firm has 100 units of capital and 50 units of labor, find 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 Christopher University 2025 Economics Question 38. It is one of the objective questions from the 2025 Post Utme Christopher University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support