Post Utme Coal City University 2017 Economics Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2017 Economics Objective / Multiple Choice

Question 4 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's production function is given by \( Q = 2L^0.5K^0.5 \). Find the firm's 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. Negative returns to scale

Correct Answer

Correct Option:

Cons\tant returns to scale

About This Question

This is Post Utme Coal City University 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Coal City University Economics examination.

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