Post Utme Unn 2021 Economics Question 7
Practice objective / multiple choice question 7 from the 2021 Post Utme Unn Economics examination.
The production function for a firm is given by Q = 2L^0.5K^0.5. If the firm increases its capital from 100 to 400, and labor from 100 to 400, what is the percentage increase in output?
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About This Question
This is Post Utme Unn 2021 Economics Question 7. It is one of the objective questions from the 2021 Post Utme Unn Economics examination.
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