Post Utme Bowen University 2018 Commerce Question 5
Practice objective / multiple choice question 5 from the 2018 Post Utme Bowen University Commerce examination.
A firm's production function is given by Q = 2L^0.5 K^0.5. If the firm's capital (K) is fixed at 16 units, and labor (L) is increased from 4 units to 9 units, what is the percentage change in output?
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About This Question
This is Post Utme Bowen University 2018 Commerce Question 5. It is one of the objective questions from the 2018 Post Utme Bowen University Commerce examination.
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