Post Utme Ksu 2023 Economics Question 37
Practice objective / multiple choice question 37 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 25% while keeping the capital cons\tant at 9 units, what percentage increase in labor is required?
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About This Question
This is Post Utme Ksu 2023 Economics Question 37. It is one of the objective questions from the 2023 Post Utme Ksu Economics examination.
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