Post Utme Uniben 2021 Commerce Question 32
Practice objective / multiple choice question 32 from the 2021 Post Utme Uniben Commerce examination.
A company's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the company increases labor from 100 units to 121 units and capital from 100 units to 121 units, what is the percentage change in output?
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About This Question
This is Post Utme Uniben 2021 Commerce Question 32. It is one of the objective questions from the 2021 Post Utme Uniben Commerce examination.
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