Post Utme Greenfield University 2025 Commerce Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2025 Commerce Objective / Multiple Choice
Question 25 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • COMMERCE • objective

A company's production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the company increases its labor input from 100 to 121 units, and its capital input from 100 to 121 units, by how much will its quantity produced increase?

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 Greenfield University 2025 Commerce Question 25. It is one of the objective questions from the 2025 Post Utme Greenfield University Commerce examination.

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