Post Utme Ksu 2023 Economics Question 38
Practice objective / multiple choice question 38 from the 2023 Post Utme Ksu Economics examination.
A firm is producing a good u\sing the production function Q = 3L^0.7K^0.3. If the firm wants to increase its output by 20% while keeping the capital cons\tant at 16 units, what percentage increase in labor is required?
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About This Question
This is Post Utme Ksu 2023 Economics Question 38. It is one of the objective questions from the 2023 Post Utme Ksu Economics examination.
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