Post Utme Unilorin 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNILORIN • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 10L^0.5K^0.5. What is the returns to scale?

Answer Options

Correct Answer A. Increa\sing
B. Decrea\sing
C. Cons\tant
D. Indeterminate
Correct Answer
A
Correct Option:
Increa\sing

About This Question

This is Post Utme Unilorin 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Unilorin Economics examination.

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