Post Utme Babcock University 2024 Geography Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Babcock University Geography examination.

Post Utme Babcock University 2024 Geography Objective / Multiple Choice
Question 9 POST_UTME_BABCOCK_UNIVERSITY • 2024 • GEOGRAPHY • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's labor and capital inputs are increased by 20% and 15% respectively, what is the new level of output?

Answer Options

A. 1.2Q
B. 1.25Q
Correct Answer C. 1.5Q
D. 2Q
Correct Answer
C
Correct Option:
1.5Q

About This Question

This is Post Utme Babcock University 2024 Geography Question 9. It is one of the objective questions from the 2024 Post Utme Babcock University Geography examination.

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