Post Utme Lautech 2025 Economics Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Lautech Economics examination.

Post Utme Lautech 2025 Economics Objective / Multiple Choice

Question 13 POST_UTME_LAUTECH • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's labor (L) increases by 10% and its capital (K) remains cons\tant, what will be the effect on its output?

Answer Options

A. Output will increase by 10%

Correct Answer B. Output will increase by 20%

C. Output will remain unchanged

D. Output will decrease by 10%

Correct Answer

Correct Option:

Output will increase by 20%

About This Question

This is Post Utme Lautech 2025 Economics Question 13. It is one of the objective questions from the 2025 Post Utme Lautech Economics examination.

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