Post Utme Nile University 2025 Economics Question 15
Practice objective / multiple choice question 15 from the 2025 Post Utme Nile University Economics examination.
A firm's production function is given by \( Q = 100K^{0.5}L^{0.5} \). If the firm's techno\logy is characterized by decrea\sing returns to scale, find the value of the elasticity of substitution between K and L.
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This is Post Utme Nile University 2025 Economics Question 15. It is one of the objective questions from the 2025 Post Utme Nile University Economics examination.
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