Post Utme Uniport 2024 Commerce Question 33
Practice objective / multiple choice question 33 from the 2024 Post Utme Uniport Commerce examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's output is 100 units and the price of labor is 10 per unit, what is the minimum cost of production?
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About This Question
This is Post Utme Uniport 2024 Commerce Question 33. It is one of the objective questions from the 2024 Post Utme Uniport Commerce examination.
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