Post Utme Futa 2025 Economics Question 33
Practice objective / multiple choice question 33 from the 2025 Post Utme Futa Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm's budget constraint is given by 20L + 10K = 100, what is the profit-maximizing level of labor?
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About This Question
This is Post Utme Futa 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Futa Economics examination.
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