Post Utme Lasu 2022 Economics Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Lasu Economics examination.

Post Utme Lasu 2022 Economics Objective / Multiple Choice
Question 39 POST_UTME_LASU • 2022 • ECONOMICS • objective

A firm is producing a good u\sing a production function given by Q = 2K^\( 1/2 \) L^\( 1/2 \). If the firm's goal is to maximize output, what is the optimal ratio of capital (K) to labor (L)?

Answer Options

Correct Answer A. K/L = 1
B. K/L = 2
C. K/L = 1/2
D. K/L = 0
Correct Answer
A
Correct Option:
K/L = 1

About This Question

This is Post Utme Lasu 2022 Economics Question 39. It is one of the objective questions from the 2022 Post Utme Lasu Economics examination.

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