Post Utme Madonna University 2023 Economics Question 28
Practice objective / multiple choice question 28 from the 2023 Post Utme Madonna 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 its capital input from 9 units to 16 units, what is the percentage change in output?
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About This Question
This is Post Utme Madonna University 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Madonna University Economics examination.
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