Post Utme Aaua 2021 Commerce Question 35
Practice objective / multiple choice question 35 from the 2021 Post Utme Aaua Commerce examination.
A firm has a production function Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm increases labor from 100 to 121 and capital from 100 to 121, what is the percentage increase in output?
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About This Question
This is Post Utme Aaua 2021 Commerce Question 35. It is one of the objective questions from the 2021 Post Utme Aaua Commerce examination.
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