Post Utme Lead City University 2025 Economics Question 37
Practice objective / multiple choice question 37 from the 2025 Post Utme Lead City University Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the price of labor is ₦100 per unit and the price of capital is ₦200 per unit, what is the optimal level of labor?
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About This Question
This is Post Utme Lead City University 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Lead City University Economics examination.
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