Post Utme Aaua 2020 Economics Question 36
Practice objective / multiple choice question 36 from the 2020 Post Utme Aaua Economics examination.
Suppose the production function for a firm is given by Q = 100L^0.5K^0.5, where Q is output, L is labor and K is capital. If the firm increases labor from 100 to 121 units, and capital from 100 to 121 units, by how much will output increase?
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About This Question
This is Post Utme Aaua 2020 Economics Question 36. It is one of the objective questions from the 2020 Post Utme Aaua Economics examination.
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