Post Utme Bells University 2020 Economics Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Bells University Economics examination.

Post Utme Bells University 2020 Economics Objective / Multiple Choice
Question 10 POST_UTME_BELLS_UNIVERSITY • 2020 • ECONOMICS • objective

A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \), where Q is output, L is labor and K is capital. If the firm's current labor and capital inputs are 16 and 9 respectively, what is the marginal product of capital?

Answer Options

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

About This Question

This is Post Utme Bells University 2020 Economics Question 10. It is one of the objective questions from the 2020 Post Utme Bells University Economics examination.

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