Post Utme Aaua 2017 Economics Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Aaua Economics examination.

Post Utme Aaua 2017 Economics Objective / Multiple Choice
Question 29 POST_UTME_AAUA • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \), where Q is output, L is labor and K is capital. If the firm's labor and capital are 16 and 9 units respectively, what is the value of the marginal product of capital?

Answer Options

A. 1/2
B. 1
Correct Answer C. 2
D. 3
Correct Answer
C
Correct Option:
2

About This Question

This is Post Utme Aaua 2017 Economics Question 29. It is one of the objective questions from the 2017 Post Utme Aaua Economics examination.

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