Post Utme Eksu 2025 Economics Question 36
Practice objective / multiple choice question 36 from the 2025 Post Utme Eksu Economics examination.
Consider a country with a production function given by Q = 100K^\( 1/2 \)L^\( 1/2 \), where Q is output, K is capital, and L is labor. If the price of capital is ₦100 and the price of labor is ₦50, and the country is currently u\sing 100 units of capital and 100 units of labor, what is the optimal level of output?
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This is Post Utme Eksu 2025 Economics Question 36. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.
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