Post Utme Afe Babalola University 2017 Commerce Question 35
Practice objective / multiple choice question 35 from the 2017 Post Utme Afe Babalola University Commerce examination.
A firm is considering two production technologies, A and B. Technology A has a production function Q = 2L^0.5K^0.5, while technology B has a production function Q = 3L^0.7K^0.3. If the firm increases its labor input from 4 to 9 units and holds capital input constant at 16 units, which technology will produce more output?
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This is Post Utme Afe Babalola University 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Commerce examination.
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