Post Utme Babcock University 2025 Commerce Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2025 Commerce Objective / Multiple Choice
Question 31 POST_UTME_BABCOCK_UNIVERSITY • 2025 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5 * K^0.5, where Q is output, L is labor, and K is capital. If the firm is currently using 16 units of labor and 9 units of capital, what is the marginal product of labor?

Answer Options

Correct Answer A. 0.5
B. 1
C. 1.5
D. 2
Correct Answer
A
Correct Option:
0.5

About This Question

This is Post Utme Babcock University 2025 Commerce Question 31. It is one of the objective questions from the 2025 Post Utme Babcock University Commerce examination.

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