Post Utme Caleb University 2017 Economics Question 20
Practice objective / multiple choice question 20 from the 2017 Post Utme Caleb University Economics examination.
A firm is experiencing a 10% increase in the price of its inputs. If the firm's production function is given by Q = 2L^0.5K^0.5, what is the percentage change in its output?
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About This Question
This is Post Utme Caleb University 2017 Economics Question 20. It is one of the objective questions from the 2017 Post Utme Caleb University Economics examination.
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