Post Utme Ui 2024 Economics Question 33
Practice objective / multiple choice question 33 from the 2024 Post Utme Ui Economics examination.
A firm's production function is given by \( Q = 2L^0.5K^0.5 \). If the firm's output is 100 units and the price of labor is ₦10 per unit, what is the minimum \cost of production?
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About This Question
This is Post Utme Ui 2024 Economics Question 33. It is one of the objective questions from the 2024 Post Utme Ui Economics examination.
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