Post Utme Abu 2019 Commerce Question 21
Practice objective / multiple choice question 21 from the 2019 Post Utme Abu Commerce examination.
A company's production function is given by Q = 2L^(1/2)K^(1/2), where Q is the quantity produced, L is the labor input, and K is the capital input. If the company increases its labor input from 4 to 9 units, and its capital input from 16 to 25 units, by how many percentage points will its quantity produced increase?
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About This Question
This is Post Utme Abu 2019 Commerce Question 21. It is one of the objective questions from the 2019 Post Utme Abu Commerce examination.
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