Post Utme Achievers University 2022 Economics Question 7
Practice objective / multiple choice question 7 from the 2022 Post Utme Achievers University Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm increases its labor input by 50% and keeps the capital input cons\tant, what is the percentage change in output?
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About This Question
This is Post Utme Achievers University 2022 Economics Question 7. It is one of the objective questions from the 2022 Post Utme Achievers University Economics examination.
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