Post Utme Summit University 2019 Economics Question 9
Practice objective / multiple choice question 9 from the 2019 Post Utme Summit University Economics examination.
A firm's production function is given by Q = 2L^0.5H^0.5. If the firm's labor input is increased by 20% and the capital input remains cons\tant, what is the percentage change in output?
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About This Question
This is Post Utme Summit University 2019 Economics Question 9. It is one of the objective questions from the 2019 Post Utme Summit University Economics examination.
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