Post Utme Achievers University 2024 Economics Question 36

Practice objective / multiple choice question 36 from the 2024 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2024 Economics Objective / Multiple Choice
Question 36 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • ECONOMICS • objective

A firm has a production function given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm has 100 units of labor and 50 units of capital, what is the marginal product of capital?

Answer Options

A. 0.25
Correct Answer B. 0.5
C. 0.75
D. 1
Correct Answer
B
Correct Option:
0.5

About This Question

This is Post Utme Achievers University 2024 Economics Question 36. It is one of the objective questions from the 2024 Post Utme Achievers University Economics examination.

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