Post Utme Christopher University 2021 Economics Question 47
Practice objective / multiple choice question 47 from the 2021 Post Utme Christopher University Economics examination.
A firm has a production function Q = 100K^0.5L^0.5. If the firm increases its labor from 100 to 121 units, and holds capital cons\tant at 100 units, what is the percentage change in output?
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About This Question
This is Post Utme Christopher University 2021 Economics Question 47. It is one of the objective questions from the 2021 Post Utme Christopher University Economics examination.
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