Post Utme Oau 2023 Economics Question 28
Practice objective / multiple choice question 28 from the 2023 Post Utme Oau Economics examination.
A farmer is producing wheat u\sing a production function Q = 100L^0.5K^0.5, where L is labor and K is capital. If the farmer increases capital from 400 to 441 units, and labor remains cons\tant at 100 units, what is the percentage change in output?
Answer Options
About This Question
This is Post Utme Oau 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Oau Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.