Post Utme Crawford University 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2025 Economics Objective / Multiple Choice

Question 5 POST_UTME_CRAWFORD_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2L + 3K. What is the likely reason for the positive slope of the production function?

Answer Options

A. Law of diminishing returns

Correct Answer B. Law of increa\sing returns

C. Law of cons\tant returns

D. No relationship with production function

Correct Answer

Correct Option:

Law of increa\sing returns

About This Question

This is Post Utme Crawford University 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Crawford University Economics examination.

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