Post Utme Delsu 2020 Commerce Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Delsu Commerce examination.

Post Utme Delsu 2020 Commerce Objective / Multiple Choice
Question 12 POST_UTME_DELSU • 2020 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm wants to increase its output by 20% while keeping the labor input constant, how much should it increase its capital input?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Delsu 2020 Commerce Question 12. It is one of the objective questions from the 2020 Post Utme Delsu Commerce examination.

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