Post Utme Aaua 2023 Economics Question 22
Practice objective / multiple choice question 22 from the 2023 Post Utme Aaua Economics examination.
A firm produces two goods, A and B, u\sing two inputs, labor and capital. The production function for good A is given by Q_A = 2L^0.5 K^0.5, where Q_A is the quantity of good A produced, L is the amount of labor used, and K is the amount of capital used. If the firm uses 4 units of labor and 9 units of capital, what is the marginal product of labor?
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About This Question
This is Post Utme Aaua 2023 Economics Question 22. It is one of the objective questions from the 2023 Post Utme Aaua Economics examination.
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