Post Utme Nile University 2018 Economics Question 32
Practice objective / multiple choice question 32 from the 2018 Post Utme Nile University Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm wants to increase output by 10% and labor is fixed at 100 units, what is the required increase in capital?
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About This Question
This is Post Utme Nile University 2018 Economics Question 32. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.
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