Post Utme Uniben 2017 Commerce Question 19
Practice objective / multiple choice question 19 from the 2017 Post Utme Uniben Commerce examination.
A company's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the company increases its labor input from 100 units to 200 units, and its capital input from 100 units to 200 units, what is the percentage increase in the quantity produced?
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About This Question
This is Post Utme Uniben 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Uniben Commerce examination.
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