Post Utme Wellspring University 2021 Commerce Question 40
Practice objective / multiple choice question 40 from the 2021 Post Utme Wellspring University Commerce examination.
A firm is producing a good with the following production function: Q = 2L^0.5. If the firm's cost of labor is ₦100 per unit, what is the minimum cost of producing 100 units of the good?
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About This Question
This is Post Utme Wellspring University 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Wellspring University Commerce examination.
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