Post Utme Unn 2017 Economics Question 34
Practice objective / multiple choice question 34 from the 2017 Post Utme Unn Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm wants to produce 100 units of output, and the wage rate is $10 per hour, what is the minimum \cost of production?
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About This Question
This is Post Utme Unn 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.
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