Post Utme Caleb University 2022 Economics Question 24
Practice objective / multiple choice question 24 from the 2022 Post Utme Caleb University Economics examination.
A firm's production function is given by Q = 3L^0.5K^0.5. If the firm increases its labor input from 9 to 16 units, and keeps its capital input cons\tant at 4 units, what is the percentage change in output?
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About This Question
This is Post Utme Caleb University 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Caleb University Economics examination.
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