Post Utme Uniosun 2023 Economics Question 3
Practice objective / multiple choice question 3 from the 2023 Post Utme Uniosun Economics examination.
A firm has a production function given by Q = 2L^0.5K^0.5. The price of labor is ₦100 per unit and the price of capital is ₦200 per unit. Find the firm's optimal input combination of labor and capital.
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About This Question
This is Post Utme Uniosun 2023 Economics Question 3. It is one of the objective questions from the 2023 Post Utme Uniosun Economics examination.
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