Post Utme Bsu 2020 Economics Question 29
Practice objective / multiple choice question 29 from the 2020 Post Utme Bsu Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor and K is the capital. If the firm increases its labor from 100 to 121 and capital from 100 to 121, what is the percentage change in output?
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About This Question
This is Post Utme Bsu 2020 Economics Question 29. It is one of the objective questions from the 2020 Post Utme Bsu Economics examination.
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