Post Utme Futo 2020 Commerce Question 37
Practice objective / multiple choice question 37 from the 2020 Post Utme Futo Commerce examination.
A company's production function is given by Q = 2L^0.5 K^0.5. If the company wants to increase its output by 20% and the wage rate is ₦100 per hour, what is the minimum amount of capital it needs to invest?
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This is Post Utme Futo 2020 Commerce Question 37. It is one of the objective questions from the 2020 Post Utme Futo Commerce examination.
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