Post Utme Unn 2023 Economics Question 29
Practice objective / multiple choice question 29 from the 2023 Post Utme Unn Economics examination.
A firm is producing a good with a production function Q = 2L^0.5K^0.5. If the price of the good is $10 and the price of labor is $5, what is the optimal level of labor to produce 100 units of the good?
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About This Question
This is Post Utme Unn 2023 Economics Question 29. It is one of the objective questions from the 2023 Post Utme Unn Economics examination.
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