Post Utme Summit University 2025 Economics Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Summit University Economics examination.

Post Utme Summit University 2025 Economics Objective / Multiple Choice
Question 4 POST_UTME_SUMMIT_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's production function exhibits decrea\sing returns to scale. If the firm's current output is 100 units and it increases its inputs by 20%, what will be the new output?

Answer Options

Correct Answer A. 80 units
B. 100 units
C. 120 units
D. 140 units
Correct Answer
A
Correct Option:
80 units

About This Question

This is Post Utme Summit University 2025 Economics Question 4. It is one of the objective questions from the 2025 Post Utme Summit University Economics examination.

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