Post Utme Unn 2020 Commerce Question 7
Practice objective / multiple choice question 7 from the 2020 Post Utme Unn Commerce examination.
A company uses the following production function: Q = 3L^(1/3)K^(2/3). If the company wants to increase its output by 25% while keeping labor constant, what percentage increase in capital is required?
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About This Question
This is Post Utme Unn 2020 Commerce Question 7. It is one of the objective questions from the 2020 Post Utme Unn Commerce examination.
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