Post Utme Uniosun 2022 Commerce Question 10
Practice objective / multiple choice question 10 from the 2022 Post Utme Uniosun Commerce examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm wants to increase its output by 20% while keeping the capital stock constant, what percentage increase in labor is required?
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About This Question
This is Post Utme Uniosun 2022 Commerce Question 10. It is one of the objective questions from the 2022 Post Utme Uniosun Commerce examination.
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