Post Utme Al Hikmah University 2020 Economics Question 11
Practice objective / multiple choice question 11 from the 2020 Post Utme Al Hikmah University Economics examination.
A firm's production function is given by Q = 2L^0.5H^0.5, where Q is output, L is labor and H is capital. If the firm wants to increase its output by 20% while keeping labor cons\tant, what percentage increase in capital is required?
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About This Question
This is Post Utme Al Hikmah University 2020 Economics Question 11. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Economics examination.
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