Post Utme Pan Atlantic University 2018 Economics Question 4
Practice objective / multiple choice question 4 from the 2018 Post Utme Pan Atlantic University Economics examination.
A firm's production function is given by the equation 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 200 and its capital input from 100 to 200, what is the new quantity produced?
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About This Question
This is Post Utme Pan Atlantic University 2018 Economics Question 4. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Economics examination.
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