Post Utme Ksu 2024 Commerce Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Ksu Commerce examination.

Post Utme Ksu 2024 Commerce Objective / Multiple Choice
Question 21 POST_UTME_KSU • 2024 • COMMERCE • objective

A company's production function is given by the equation Q = 2L^0.5 * K^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 4 units to 9 units, and its capital input from 9 units to 16 units, by how many percentage points 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 Ksu 2024 Commerce Question 21. It is one of the objective questions from the 2024 Post Utme Ksu Commerce examination.

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