Post Utme Oau 2023 Economics Question 26
Practice objective / multiple choice question 26 from the 2023 Post Utme Oau Economics examination.
A firm is producing a good with a production function Q = 2L^0.5K^0.5, where L is labor and K is capital. If the firm increases capital from 400 to 441 units, and labor remains cons\tant at 100 units, what is the percentage change in output?
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About This Question
This is Post Utme Oau 2023 Economics Question 26. It is one of the objective questions from the 2023 Post Utme Oau Economics examination.
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