Post Utme Oau 2025 Economics Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Oau Economics examination.

Post Utme Oau 2025 Economics Objective / Multiple Choice

Question 8 POST_UTME_OAU • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. What is the value of the returns to scale?

A. Increa\sing returns to scale

B. Decrea\sing returns to scale

Correct Answer C. Cons\tant returns to scale

D. Negative returns to scale

Correct Answer

Correct Option:

Cons\tant returns to scale

This is Post Utme Oau 2025 Economics Question 8. It is one of the objective questions from the 2025 Post Utme Oau Economics examination.

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