Post Utme Bsu 2017 Commerce Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Bsu Commerce examination.

Post Utme Bsu 2017 Commerce Objective / Multiple Choice
Question 24 POST_UTME_BSU • 2017 • COMMERCE • objective

A company's production function is given by Q = 2L^0.5K^0.5. If the company increases its labor input from 4 units to 6 units, and keeps its capital input constant at 9 units, what is the percentage change in output?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Bsu 2017 Commerce Question 24. It is one of the objective questions from the 2017 Post Utme Bsu Commerce examination.

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