Post Utme Unilag 2025 Commerce Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Unilag Commerce examination.

Post Utme Unilag 2025 Commerce Objective / Multiple Choice
Question 26 POST_UTME_UNILAG • 2025 • COMMERCE • objective

A company's production function is given by Q = 100L^0.5K^0.5, where Q is output, L is labor, and K is capital. If labor increases by 20% and capital remains constant, what is the percentage change in output?

Answer Options

A. 10%
Correct Answer B. 20%
C. 30%
D. 40%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Unilag 2025 Commerce Question 26. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.

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