Post Utme Rhema University 2018 Economics Question 17
Practice objective / multiple choice question 17 from the 2018 Post Utme Rhema University Economics examination.
A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \). If the firm's output increases by 20% and labor increases by 10%, what is the percentage increase in capital?
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About This Question
This is Post Utme Rhema University 2018 Economics Question 17. It is one of the objective questions from the 2018 Post Utme Rhema University Economics examination.
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