Post Utme Abu 2018 Economics Question 21
Practice objective / multiple choice question 21 from the 2018 Post Utme Abu Economics examination.
Consider a production function of the form Q = f(K,L) = K^0.4L^0.6. If the marginal product of capital is 0.16 and the marginal product of labor is 0.24, what is the ratio of the marginal product of labor to the marginal product of capital?
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About This Question
This is Post Utme Abu 2018 Economics Question 21. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.
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