Post Utme Esut 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Esut Economics examination.

Post Utme Esut 2019 Economics Objective / Multiple Choice
Question 20 POST_UTME_ESUT • 2019 • ECONOMICS • objective

A firm is operating in a perfectly competitive market with a production function given by Q = 2L^0.5. If the firm's labor input increases from 4 units to 9 units, what is the likely effect on the firm's output?

Answer Options

Correct Answer A. Output increases
B. Output decreases
C. Output remains unchanged
D. Output fluctuates
Correct Answer
A
Correct Option:
Output increases

About This Question

This is Post Utme Esut 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Esut Economics examination.

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