Post Utme Ui 2025 Commerce Question 6
Practice objective / multiple choice question 6 from the 2025 Post Utme Ui Commerce examination.
A firm's production function is given by Q = 2L^0.4K^0.3, where Q is output, L is labor, and K is capital. If the firm wants to increase its output by 20% while keeping labor constant, what percentage increase in capital is required?
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About This Question
This is Post Utme Ui 2025 Commerce Question 6. It is one of the objective questions from the 2025 Post Utme Ui Commerce examination.
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