Post Utme Bsu 2020 Commerce Question 26
Practice objective / multiple choice question 26 from the 2020 Post Utme Bsu Commerce examination.
A company's production function can be described by the Cobb-Douglas production function: Q = 10L^0.4K^0.6. If the company's labor and capital inputs are increased by 20% and 15% respectively, what is the percentage change in output?
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About This Question
This is Post Utme Bsu 2020 Commerce Question 26. It is one of the objective questions from the 2020 Post Utme Bsu Commerce examination.
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