Post Utme Mountain Top University 2018 Commerce Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Mountain Top University Commerce examination.

Post Utme Mountain Top University 2018 Commerce Objective / Multiple Choice
Question 34 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • COMMERCE • objective

A firm's production function is given by Q = 100L^0.5K^0.5. If the firm increases its labor input from 100 to 121 units, and its capital input from 100 to 121 units, by how much will the quantity produced increase?

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 Mountain Top University 2018 Commerce Question 34. It is one of the objective questions from the 2018 Post Utme Mountain Top University Commerce examination.

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