Post Utme Babcock University 2025 Economics Question 16
Practice objective / multiple choice question 16 from the 2025 Post Utme Babcock University Economics examination.
Consider a production function \( Q = 2L^0.5K^0.5 \), where ( Q ) is output, ( L ) is labor, and ( K ) is capital. If labor increases by 25% and capital remains cons\tant, what is the percentage change in output?
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About This Question
This is Post Utme Babcock University 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.
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