Post Utme Skyline University 2021 Economics Question 24
Practice objective / multiple choice question 24 from the 2021 Post Utme Skyline University Economics examination.
A firm's production function is given by Q = 100L^0.5K^0.5. If the firm increases its labor input by 20% and its capital input by 15%, what is the percentage change in output?
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About This Question
This is Post Utme Skyline University 2021 Economics Question 24. It is one of the objective questions from the 2021 Post Utme Skyline University Economics examination.
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