Post Utme Futa 2017 Economics Question 27
Practice objective / multiple choice question 27 from the 2017 Post Utme Futa Economics examination.
A firm's production function is given by Q = 2L^0.5 K^0.5. If the firm's current input levels are L = 4 and K = 9, and the price of good L is 3 units of good K, find the firm's optimal input levels.
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About This Question
This is Post Utme Futa 2017 Economics Question 27. It is one of the objective questions from the 2017 Post Utme Futa Economics examination.
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