Post Utme Redeemers University 2025 Economics Question 40

Practice objective / multiple choice question 40 from the 2025 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2025 Economics Objective / Multiple Choice
Question 40 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ECONOMICS • objective

A firm is producing a good u\sing a production function with cons\tant returns to scale. What does this imply about the firm's production possibilities?

Answer Options

A. The firm can produce more output with the same inputs.
B. The firm can produce the same output with fewer inputs.
Correct Answer C. The firm can produce the same output with more inputs.
D. The firm can produce more output with fewer inputs.
Correct Answer
C
Correct Option:
The firm can produce the same output with more inputs.

About This Question

This is Post Utme Redeemers University 2025 Economics Question 40. It is one of the objective questions from the 2025 Post Utme Redeemers University Economics examination.

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