Post Utme Coal City University 2022 Economics Question 29
Practice objective / multiple choice question 29 from the 2022 Post Utme Coal City University Economics examination.
A firm's production function is given by Q = 2K^0.5L^0.5. If the firm produces 100 units of output, and the price of K is ₦100 per unit, what is the opportunity \cost of one more unit of output?
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About This Question
This is Post Utme Coal City University 2022 Economics Question 29. It is one of the objective questions from the 2022 Post Utme Coal City University Economics examination.
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