Post Utme Uniport 2022 Economics Question 6
Practice objective / multiple choice question 6 from the 2022 Post Utme Uniport Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is output, L is labor, and K is capital. If the firm increases labor from 100 units to 121 units, and capital from 100 units to 121 units, by how much will output increase?
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About This Question
This is Post Utme Uniport 2022 Economics Question 6. It is one of the objective questions from the 2022 Post Utme Uniport Economics examination.
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