Post Utme Osustech 2021 Economics Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Osustech Economics examination.

Post Utme Osustech 2021 Economics Objective / Multiple Choice

Question 14 POST_UTME_OSUSTECH • 2021 • ECONOMICS • objective

A firm is producing a good with a production function of Q = 100K^0.5L^0.5. What is the returns to scale of this production function?

Answer Options

A. Increa\sing returns to scale

B. Decrea\sing returns to scale

Correct Answer C. Cons\tant returns to scale

D. No returns to scale

Correct Answer

Correct Option:

Cons\tant returns to scale

About This Question

This is Post Utme Osustech 2021 Economics Question 14. It is one of the objective questions from the 2021 Post Utme Osustech Economics examination.

View More Post Utme Osustech 2021 Economics Questions More Post Utme Osustech Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support