Post Utme Unilorin 2025 Economics Question 3
Practice objective / multiple choice question 3 from the 2025 Post Utme Unilorin Economics examination.
A firm is producing a good with a production function given by Q = 2L^0.5K^0.5. The firm's \cost function is C = 10L + 20K. If the firm wants to minimize its \cost, what is the optimal value of L?
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About This Question
This is Post Utme Unilorin 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Unilorin Economics examination.
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