Post Utme Unilag 2025 Commerce Question 28
Practice objective / multiple choice question 28 from the 2025 Post Utme Unilag Commerce examination.
A company has a production function Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If labor increases by 15% and capital increases by 10%, what is the percentage change in output?
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About This Question
This is Post Utme Unilag 2025 Commerce Question 28. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.
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