Post Utme Oau 2025 Commerce Question 3
Practice objective / multiple choice question 3 from the 2025 Post Utme Oau Commerce examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the price of labor is ₦50 per unit and the price of capital is ₦100 per unit, what is the firm's optimal level of labor and capital?
Answer Options
About This Question
This is Post Utme Oau 2025 Commerce Question 3. It is one of the objective questions from the 2025 Post Utme Oau Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.