Post Utme Futa 2021 Commerce Question 6
Practice objective / multiple choice question 6 from the 2021 Post Utme Futa Commerce examination.
A company's production function is given by Q = 100L^0.5K^0.25, where Q is the quantity produced, L is the labor input, and K is the capital input. If the company increases labor input from 4 to 9 units, and capital input from 16 to 25 units, by how much does the quantity produced increase?
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About This Question
This is Post Utme Futa 2021 Commerce Question 6. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.
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