Post Utme Uniben 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Uniben Economics examination.

Post Utme Uniben 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_UNIBEN • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the price of labor (L) is ₦100 per unit and the price of capital (K) is ₦200 per unit, calculate the returns to scale.

Answer Options

A. Increa\sing Returns to Scale
B. Decrea\sing Returns to Scale
Correct Answer C. Cons\tant Returns to Scale
D. No Returns to Scale
Correct Answer
C
Correct Option:
Cons\tant Returns to Scale

About This Question

This is Post Utme Uniben 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Uniben Economics examination.

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