Post Utme Mountain Top University 2020 Economics Question 13
Practice objective / multiple choice question 13 from the 2020 Post Utme Mountain Top University Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's labor (L) increases from 4 to 6 units, and the firm's capital (K) remains cons\tant at 9 units, what is the percentage change in output (Q)?
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About This Question
This is Post Utme Mountain Top University 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Mountain Top University Economics examination.
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