Post Utme Oau 2020 Economics Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Oau Economics examination.

Post Utme Oau 2020 Economics Objective / Multiple Choice
Question 5 POST_UTME_OAU • 2020 • ECONOMICS • objective

A firm is producing a product with a production function of Q = 2L^0.5K^0.5. If the firm increases the capital from 100 to 200, what will be the percentage change in output?

Answer Options

A. 25%
Correct Answer B. 50%
C. 75%
D. 100%
Correct Answer
B
Correct Option:
50%

About This Question

This is Post Utme Oau 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Oau Economics examination.

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