Post Utme Elizade University 2020 Economics Question 9
Practice objective / multiple choice question 9 from the 2020 Post Utme Elizade University Economics examination.
A firm is facing a production function given by Q = 2L^0.5K^0.5. If the firm's labor (L) increases from 4 to 9, and capital (K) remains cons\tant at 16, what is the percentage change in output?
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About This Question
This is Post Utme Elizade University 2020 Economics Question 9. It is one of the objective questions from the 2020 Post Utme Elizade University Economics examination.
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