Post Utme Ksu 2023 Economics Question 33
Practice objective / multiple choice question 33 from the 2023 Post Utme Ksu Economics examination.
The production function for a firm is given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm wants to increase its output by 20% while keeping the labor cons\tant at 16 units, what percentage increase in capital is required?
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About This Question
This is Post Utme Ksu 2023 Economics Question 33. It is one of the objective questions from the 2023 Post Utme Ksu Economics examination.
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