Post Utme Wellspring University 2018 Commerce Question 24
Practice objective / multiple choice question 24 from the 2018 Post Utme Wellspring University Commerce examination.
A company has a production function Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the company increases its labor input from 100 to 121 units, and its capital input from 100 to 121 units, by how much will the quantity produced increase?
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About This Question
This is Post Utme Wellspring University 2018 Commerce Question 24. It is one of the objective questions from the 2018 Post Utme Wellspring University Commerce examination.
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