Post Utme Covenant University 2024 Economics Question 22
Practice objective / multiple choice question 22 from the 2024 Post Utme Covenant University Economics examination.
A firm's production function is given by \( Q = 2L^{1/2}K^{1/2} \). If the firm's output is 100 units and the wage rate is ₦50 per hour, what is the minimum amount of capital the firm should employ?
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This is Post Utme Covenant University 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Covenant University Economics examination.
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