Post Utme Al Hikmah University 2018 Economics Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 40 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

A firm is producing a good u\sing two inputs, labor and capital. The production function is given by Q = 2L^0.5K^0.5. If the firm has 100 units of labor and 50 units of capital, what is the marginal product of labor?

Answer Options

A. 0.5
B. 1
Correct Answer C. 2
D. 3
Correct Answer
C
Correct Option:
2

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 40. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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