Post Utme Noun 2023 Economics Question 15
Practice objective / multiple choice question 15 from the 2023 Post Utme Noun Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm increases its labor from 4 units to 9 units and capital from 9 units to 16 units, what is the percentage increase in output?
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About This Question
This is Post Utme Noun 2023 Economics Question 15. It is one of the objective questions from the 2023 Post Utme Noun Economics examination.
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