Post Utme Uniport 2025 Commerce Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Uniport Commerce examination.

Post Utme Uniport 2025 Commerce Objective / Multiple Choice
Question 16 POST_UTME_UNIPORT • 2025 • COMMERCE • objective

A firm's production function is given by Q = 2L^(1/2)K^(1/2), where Q is output, L is labor, and K is capital. If the firm wants to increase output by 20% while keeping labor constant, how much should it increase capital?

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 Uniport 2025 Commerce Question 16. It is one of the objective questions from the 2025 Post Utme Uniport Commerce examination.

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