Post Utme Pan Atlantic University 2017 Economics Question 17
Practice objective / multiple choice question 17 from the 2017 Post Utme Pan Atlantic University Economics 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 ₦100 per hour, what is the minimum amount of capital required to produce this output?
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About This Question
This is Post Utme Pan Atlantic University 2017 Economics Question 17. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Economics examination.
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