Post Utme Al Hikmah University 2020 Economics Question 16
Practice objective / multiple choice question 16 from the 2020 Post Utme Al Hikmah University Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor and K is capital. If the firm increases labor from 4 units to 9 units, while keeping capital cons\tant at 16 units, what is the percentage change in output?
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This is Post Utme Al Hikmah University 2020 Economics Question 16. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Economics examination.
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