Post Utme Lead City University 2021 Economics Question 41
Practice objective / multiple choice question 41 from the 2021 Post Utme Lead City University Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm increases its labor input from 4 units to 9 units, and holds capital input cons\tant at 16 units, what is the new level of output?
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About This Question
This is Post Utme Lead City University 2021 Economics Question 41. It is one of the objective questions from the 2021 Post Utme Lead City University Economics examination.
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