Post Utme Unn 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Unn Economics examination.

Post Utme Unn 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_UNN • 2021 • ECONOMICS • objective

A firm is producing a good with a production function of Q = 2L^0.5K^0.5. If the firm increases the labor from 100 to 200, by what percentage does the output increase?

Answer Options

A. 10%
B. 20%
Correct Answer C. 25%
D. 50%
Correct Answer
C
Correct Option:
25%

About This Question

This is Post Utme Unn 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Unn Economics examination.

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