Post Utme Crawford University 2025 Economics Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice
Question 20 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's demand for labor is given by the equation Qd = 100L^\( -1/2 \), where Qd is the quantity of labor demanded and L is the wage rate. If the wage rate is 4, what is the quantity of labor demanded?

Answer Options

Correct Answer A. 20
B. 25
C. 30
D. 35
Correct Answer
A
Correct Option:
20

About This Question

This is Post Utme Crawford University 2025 Economics Question 20. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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