Waec Model Questions Vol1 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2025 Economics Objective / Multiple Choice Medium Difficulty
Question 24 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • ECONOMICS • objective

A firm's production function is Q = L^{0.5} K^{0.5}. Currently it employs 16 units of labour (L) and 9 units of capital (K), producing Q = 12 units of output. If capital is reduced by 4 units, how many additional units of labour are required to keep output unchanged? (Give your answer to two decimal places.)

Answer Options

Correct Answer A. 7.11
B. 8.00
C. 6.00
D. 9.50
Correct Answer
A
Correct Option:
7.11

About This Question

This is Waec Model Questions Vol1 2025 Economics Question 24. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Economics examination.

Difficulty level: Medium .

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