Waec Model Questions Vol1 2023 Economics Question 23
Practice objective / multiple choice question 23 from the 2023 Waec Model Questions Vol1 Economics examination.
A firm's production function is Q = 20 L^{0.5} K^{0.5}, where Q is output, L is labour units and K is capital units. Capital is fixed at 100 units. How many additional units of labour are required to raise output from 200 units to 300 units? Give your answer to two decimal places.
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About This Question
This is Waec Model Questions Vol1 2023 Economics Question 23. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Economics examination.
Difficulty level: Medium .
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