Post Utme Osustech 2019 Commerce Question 30
Practice objective / multiple choice question 30 from the 2019 Post Utme Osustech Commerce examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm increases its labor input from 100 to 121 units, and its capital input from 100 to 121 units, by how many percentage points does the quantity produced increase?
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About This Question
This is Post Utme Osustech 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Osustech Commerce examination.
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