Post Utme Babcock University 2025 Economics Question 3
Practice objective / multiple choice question 3 from the 2025 Post Utme Babcock 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 labor increases from 100 units to 120 units and capital increases from 100 units to 120 units, what is the new output?
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About This Question
This is Post Utme Babcock University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.
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