Post Utme Ksu 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Ksu Economics examination.

Post Utme Ksu 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_KSU • 2025 • ECONOMICS • objective

A firm's production function 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 increases its labor from 100 to 120, and its capital from 100 to 120, what is the percentage change in output?

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 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Ksu Economics examination.

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