Post Utme Abu 2022 Economics Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 38 POST_UTME_ABU • 2022 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Abu 2022 Economics Question 38. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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