Post Utme Delsu 2018 Commerce Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Delsu Commerce examination.

Post Utme Delsu 2018 Commerce Objective / Multiple Choice
Question 32 POST_UTME_DELSU • 2018 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5 + 3K^0.5. If the firm's labor and capital inputs are increased by 20% and 15% respectively, what is the new level of output?

Answer Options

A. 10
B. 12
C. 15
Correct Answer D. 18
Correct Answer
D
Correct Option:
18

About This Question

This is Post Utme Delsu 2018 Commerce Question 32. It is one of the objective questions from the 2018 Post Utme Delsu Commerce examination.

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