Post Utme Rsu 2018 Economics Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Rsu Economics examination.

Post Utme Rsu 2018 Economics Objective / Multiple Choice
Question 40 POST_UTME_RSU • 2018 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm wants to maximize its output, it should

Answer Options

Correct Answer A. increase both labor and capital
B. increase labor and decrease capital
C. decrease labor and increase capital
D. decrease both labor and capital
Correct Answer
A
Correct Option:
increase both labor and capital

About This Question

This is Post Utme Rsu 2018 Economics Question 40. It is one of the objective questions from the 2018 Post Utme Rsu Economics examination.

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