Post Utme Madonna University 2025 Economics Question 14
Practice objective / multiple choice question 14 from the 2025 Post Utme Madonna University Economics examination.
A firm is producing a good with the following production function: Q = 2L^0.5K^0.5. If the firm increases its capital input from 100 units to 120 units, and the labor input remains cons\tant at 100 units, what is the percentage change in output?
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About This Question
This is Post Utme Madonna University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Madonna University Economics examination.
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