Post Utme Delsu 2017 Commerce Question 2
Practice objective / multiple choice question 2 from the 2017 Post Utme Delsu Commerce examination.
A company's production function is given by Q = 2L^0.5K^0.5. If the company wants to increase its output by 25% while keeping the capital stock constant, what percentage increase in labor is required?
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About This Question
This is Post Utme Delsu 2017 Commerce Question 2. It is one of the objective questions from the 2017 Post Utme Delsu Commerce examination.
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