Post Utme Bells University 2023 Commerce Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Bells University Commerce examination.

Post Utme Bells University 2023 Commerce Objective / Multiple Choice
Question 22 POST_UTME_BELLS_UNIVERSITY • 2023 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current input levels are L = 4 and K = 9, what is the marginal product of labor?

Answer Options

A. 1.5
Correct Answer B. 2
C. 2.5
D. 3
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Bells University 2023 Commerce Question 22. It is one of the objective questions from the 2023 Post Utme Bells University Commerce examination.

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