Post Utme Al Hikmah University 2019 Economics Question 14
Practice objective / multiple choice question 14 from the 2019 Post Utme Al Hikmah University Economics examination.
A firm's production function is given by Q = 100L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm increases capital from 100 units to 121 units, while keeping labor cons\tant at 100 units, what is the percentage change in output?
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About This Question
This is Post Utme Al Hikmah University 2019 Economics Question 14. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Economics examination.
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