Post Utme Rsu 2025 Economics Question 1
Practice objective / multiple choice question 1 from the 2025 Post Utme Rsu Economics examination.
A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \), where Q is output, L is labor, and K is capital. If the firm's labor and capital inputs are increased by 10% each, what is the percentage change in output?
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About This Question
This is Post Utme Rsu 2025 Economics Question 1. It is one of the objective questions from the 2025 Post Utme Rsu Economics examination.
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