Post Utme Al Hikmah University 2017 Economics Question 34

Practice objective / multiple choice question 34 from the 2017 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2017 Economics Objective / Multiple Choice
Question 34 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. What is the marginal product of labor?

Answer Options

Correct Answer A. \frac{L^{0.5}K^{0.5}}{2}
B. \frac{L^{0.5}K^{0.5}}{4}
C. \frac{L^{0.5}K^{0.5}}{6}
D. \frac{L^{0.5}K^{0.5}}{8}
Correct Answer
A
Correct Option:
\frac{L^{0.5}K^{0.5}}{2}

About This Question

This is Post Utme Al Hikmah University 2017 Economics Question 34. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Economics examination.

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