Post Utme Unn 2024 Economics Question 22
Practice objective / multiple choice question 22 from the 2024 Post Utme Unn Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's labor and capital inputs are increased by 10% and 20% respectively, what is the percentage change in output?
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About This Question
This is Post Utme Unn 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Unn Economics examination.
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