Post Utme Abu 2018 Economics Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Abu Economics examination.

Post Utme Abu 2018 Economics Objective / Multiple Choice
Question 11 POST_UTME_ABU • 2018 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5H^0.5. If the firm's current labor and capital inputs are L = 16 and H = 9, respectively, what is the marginal product of labor (MPL) when the firm is producing at the given input levels?

Answer Options

Correct Answer A. 0.5
B. 1
C. 2
D. 4
Correct Answer
A
Correct Option:
0.5

About This Question

This is Post Utme Abu 2018 Economics Question 11. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.

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