Post Utme Christopher University 2025 Commerce Question 36
Practice objective / multiple choice question 36 from the 2025 Post Utme Christopher University Commerce examination.
A company's production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the company increases its labor input from 100 units to 121 units, and its capital input from 100 units to 121 units, by how many percent does the quantity produced increase?
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About This Question
This is Post Utme Christopher University 2025 Commerce Question 36. It is one of the objective questions from the 2025 Post Utme Christopher University Commerce examination.
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