Post Utme Delsu 2020 Economics Question 32
Practice objective / multiple choice question 32 from the 2020 Post Utme Delsu Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current output is 16 units, and it wants to increase output to 25 units, what should be the new ratio of labor to capital?
Answer Options
About This Question
This is Post Utme Delsu 2020 Economics Question 32. It is one of the objective questions from the 2020 Post Utme Delsu Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.