Post Utme Coal City University 2018 Economics Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2018 Economics Objective / Multiple Choice

Question 9 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. What is the returns to scale of this production function?

Answer Options

Correct Answer A. Increa\sing Returns to Scale

B. Decrea\sing Returns to Scale

C. Cons\tant Returns to Scale

D. Negative Returns to Scale

Correct Answer

Correct Option:

Increa\sing Returns to Scale

About This Question

This is Post Utme Coal City University 2018 Economics Question 9. It is one of the objective questions from the 2018 Post Utme Coal City University Economics examination.

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