Post Utme Noun 2021 Commerce Question 25
Practice objective / multiple choice question 25 from the 2021 Post Utme Noun Commerce examination.
A firm's production function is given by Q = 3L^0.5H^0.5, where Q is output, L is labor, and H is capital. If the firm wants to increase output by 30% while keeping labor constant at 150 units, how much capital should it hire?
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About This Question
This is Post Utme Noun 2021 Commerce Question 25. It is one of the objective questions from the 2021 Post Utme Noun Commerce examination.
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