Post Utme Lasu 2018 Economics Question 9
Practice objective / multiple choice question 9 from the 2018 Post Utme Lasu Economics examination.
A firm is producing a good u\sing two inputs, labor and capital. The production function is given by Q = 2L^0.5K^0.5. If the firm's output is 100 units and the price of labor is ₦50 per unit, what is the firm's optimal level of capital?
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About This Question
This is Post Utme Lasu 2018 Economics Question 9. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.
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