Post Utme Babcock University 2019 Commerce Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2019 Commerce Objective / Multiple Choice
Question 36 POST_UTME_BABCOCK_UNIVERSITY • 2019 • COMMERCE • objective

A firm's production function is given by Q = 2L^(1/2)K^(1/2). If the firm's current input levels are L = 16 and K = 25, then the marginal product of labor is

Answer Options

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

About This Question

This is Post Utme Babcock University 2019 Commerce Question 36. It is one of the objective questions from the 2019 Post Utme Babcock University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support