Post Utme Oau 2019 Commerce Question 24
Practice objective / multiple choice question 24 from the 2019 Post Utme Oau Commerce examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current output is 16 units and the wage rate is 10 per hour, what is the minimum number of workers the firm must hire to produce this output?
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About This Question
This is Post Utme Oau 2019 Commerce Question 24. It is one of the objective questions from the 2019 Post Utme Oau Commerce examination.
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