Post Utme Ksu 2020 Economics Question 5
Practice objective / multiple choice question 5 from the 2020 Post Utme Ksu Economics examination.
A firm's production function is given by Q = 3L^0.5K^0.5, where L is labor and K is capital. If the firm increases labor by 25% and capital by 20%, what is the percentage change in output?
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About This Question
This is Post Utme Ksu 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Ksu Economics examination.
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