Post Utme Uniben 2019 Economics Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Uniben Economics examination.

Post Utme Uniben 2019 Economics Objective / Multiple Choice

Question 18 POST_UTME_UNIBEN • 2019 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. What is the returns to scale?

Answer Options

Correct Answer A. Increa\sing returns to scale

B. Decrea\sing returns to scale

C. Cons\tant returns to scale

D. No returns to scale

Correct Answer

Correct Option:

Increa\sing returns to scale

About This Question

This is Post Utme Uniben 2019 Economics Question 18. It is one of the objective questions from the 2019 Post Utme Uniben Economics examination.

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