Post Utme Rsu 2019 Economics Question 18
Practice objective / multiple choice question 18 from the 2019 Post Utme Rsu Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm wants to increase its output by 20%, what is the percentage change in labor required, assuming that the capital remains cons\tant?
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About This Question
This is Post Utme Rsu 2019 Economics Question 18. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.
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