Post Utme Unn 2019 Commerce Question 22
Practice objective / multiple choice question 22 from the 2019 Post Utme Unn Commerce examination.
A firm's production function is given by the equation Q = 2L^(1/2)K^(1/2), where Q is output, L is labor, and K is capital. If the firm increases labor from 16 to 25, and capital from 9 to 16, what is the percentage change in output?
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About This Question
This is Post Utme Unn 2019 Commerce Question 22. It is one of the objective questions from the 2019 Post Utme Unn Commerce examination.
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