Post Utme Rsu 2025 Commerce Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Rsu Commerce examination.

Post Utme Rsu 2025 Commerce Objective / Multiple Choice
Question 6 POST_UTME_RSU • 2025 • COMMERCE • objective

A company's production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the number of labor hours, and K is the capital stock. If the company increases its labor hours from 100 to 121 and its capital stock from 100 to 121, what is the percentage change in the quantity produced?

Answer Options

A. 10%
B. 20%
Correct Answer C. 30%
D. 40%
Correct Answer
C
Correct Option:
30%

About This Question

This is Post Utme Rsu 2025 Commerce Question 6. It is one of the objective questions from the 2025 Post Utme Rsu Commerce examination.

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