Post Utme Delsu 2022 Economics Question 28

Practice objective / multiple choice question 28 from the 2022 Post Utme Delsu Economics examination.

Post Utme Delsu 2022 Economics Objective / Multiple Choice
Question 28 POST_UTME_DELSU • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's output is 100 units and the price of labor is ₦10 per unit, what is the firm's optimal level of capital?

Answer Options

Correct Answer A. K = 100
B. K = 200
C. K = 300
D. K = 400
Correct Answer
A
Correct Option:
K = 100

About This Question

This is Post Utme Delsu 2022 Economics Question 28. It is one of the objective questions from the 2022 Post Utme Delsu Economics examination.

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