Post Utme Uniben 2018 Economics Question 36
Practice objective / multiple choice question 36 from the 2018 Post Utme Uniben Economics examination.
A firm's production function is given by Q = 3L^0.5K^0.5. If the price of the good is P = 20, and the firm's \cost function is C = 4L + 5K, what is the firm's profit-maximizing level of output?
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About This Question
This is Post Utme Uniben 2018 Economics Question 36. It is one of the objective questions from the 2018 Post Utme Uniben Economics examination.
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