Post Utme Pan Atlantic University 2018 Economics Question 2
Practice objective / multiple choice question 2 from the 2018 Post Utme Pan Atlantic University Economics examination.
A firm's demand for labor is given by the equation Q = 100L^0.5, where Q is the quantity of labor demanded and L is the wage rate. If the wage rate increases from ₦100 to ₦150, what is the new quantity of labor demanded?
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About This Question
This is Post Utme Pan Atlantic University 2018 Economics Question 2. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Economics examination.
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