Post Utme Ksu 2020 Economics Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Ksu Economics examination.

Post Utme Ksu 2020 Economics Objective / Multiple Choice
Question 24 POST_UTME_KSU • 2020 • ECONOMICS • objective

A firm is producing a good with the following production function: Q = 2L^0.5K^0.5. U\sing the concept of returns to scale, determine whether the firm is experiencing increa\sing, decrea\sing, or cons\tant returns to scale.

Answer Options

A. Increa\sing returns to scale
B. Decrea\sing returns to scale
Correct Answer C. Cons\tant returns to scale
D. No returns to scale
Correct Answer
C
Correct Option:
Cons\tant returns to scale

About This Question

This is Post Utme Ksu 2020 Economics Question 24. It is one of the objective questions from the 2020 Post Utme Ksu Economics examination.

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