Post Utme Al Hikmah University 2023 Economics Question 26

Practice objective / multiple choice question 26 from the 2023 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2023 Economics Objective / Multiple Choice
Question 26 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5 K^0.5. If the firm's output is 16 units when labor (L) is 4 units and capital (K) is 4 units, what is the marginal product of labor?

Answer Options

A. 1
Correct Answer B. 2
C. 4
D. 8
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Al Hikmah University 2023 Economics Question 26. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Economics examination.

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