Post Utme Unn 2025 Commerce Question 27
Practice objective / multiple choice question 27 from the 2025 Post Utme Unn Commerce examination.
A company's production function is given by Q = 100L^0.5K^0.25. If the price of labor (L) is 10 per unit and the price of capital (K) is 20 per unit, and the company wants to maximize its profit, what is the optimal level of labor (L) and capital (K)?
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About This Question
This is Post Utme Unn 2025 Commerce Question 27. It is one of the objective questions from the 2025 Post Utme Unn Commerce examination.
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