Post Utme Ksu 2018 Economics Question 24

Practice objective / multiple choice question 24 from the 2018 Post Utme Ksu Economics examination.

Post Utme Ksu 2018 Economics Objective / Multiple Choice
Question 24 POST_UTME_KSU • 2018 • ECONOMICS • objective

The production function is a mathematical representation of the relationship between inputs and outputs. Which of the following is a characteristic of a production function?

Answer Options

A. The production function is a linear function.
Correct Answer B. The production function is a nonlinear function.
C. The production function is a cons\tant function.
D. The production function is a decrea\sing function.
Correct Answer
B
Correct Option:
The production function is a nonlinear function.

About This Question

This is Post Utme Ksu 2018 Economics Question 24. It is one of the objective questions from the 2018 Post Utme Ksu Economics examination.

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