Post Utme Uniosun 2021 Commerce Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2021 Commerce Objective / Multiple Choice
Question 16 POST_UTME_UNIOSUN • 2021 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5 + 3K^0.5, where Q is the quantity produced, L is labor, and K is capital. If the firm increases its capital input from 9 to 16, 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 Uniosun 2021 Commerce Question 16. It is one of the objective questions from the 2021 Post Utme Uniosun Commerce examination.

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