Post Utme Pan Atlantic University 2022 Economics Question 10

Practice objective / multiple choice question 10 from the 2022 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2022 Economics Objective / Multiple Choice
Question 10 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's labor and capital inputs are increased by 10% and 20% respectively, the new level of output will be

Answer Options

A. 12.5
Correct Answer B. 15
C. 20
D. 25
Correct Answer
B
Correct Option:
15

About This Question

This is Post Utme Pan Atlantic University 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Pan Atlantic University Economics examination.

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