Post Utme Babcock University 2022 Economics Question 17
Practice objective / multiple choice question 17 from the 2022 Post Utme Babcock University Economics examination.
A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \). If the price of labor is ₦100 per unit and the price of capital is ₦200 per unit, what is the value of MP_L when L = 4 and K = 9?
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About This Question
This is Post Utme Babcock University 2022 Economics Question 17. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.
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