Post Utme Bells University 2023 Commerce Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Bells University Commerce examination.

Post Utme Bells University 2023 Commerce Objective / Multiple Choice
Question 25 POST_UTME_BELLS_UNIVERSITY • 2023 • COMMERCE • objective

A company has a production function given by Q = 2L^0.5K^0.5. If the company wants to increase its output by 20%, what is the required increase in the input levels?

Answer Options

A. 10%
B. 15%
Correct Answer C. 20%
D. 25%
Correct Answer
C
Correct Option:
20%

About This Question

This is Post Utme Bells University 2023 Commerce Question 25. It is one of the objective questions from the 2023 Post Utme Bells University Commerce examination.

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