Post Utme Unilorin 2025 Commerce Question 11
Practice objective / multiple choice question 11 from the 2025 Post Utme Unilorin Commerce examination.
A firm's production function is given by Q = 2L^0.5H^0.5, where Q is the quantity produced, L is the number of labor hours, and H is the number of units of capital. If the firm wants to increase its production by 20% while keeping labor hours constant, by what percentage should it increase its capital?
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About This Question
This is Post Utme Unilorin 2025 Commerce Question 11. It is one of the objective questions from the 2025 Post Utme Unilorin Commerce examination.
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