Post Utme Rsu 2017 Economics Question 30
Practice objective / multiple choice question 30 from the 2017 Post Utme Rsu Economics examination.
A firm is facing a production function given by Q = 2L^0.5K^0.5. If the price of labor is ₦100 and the price of capital is ₦200, what is the \cost-minimizing ratio of labor to capital?
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About This Question
This is Post Utme Rsu 2017 Economics Question 30. It is one of the objective questions from the 2017 Post Utme Rsu Economics examination.
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