Post Utme Bells University 2024 Economics Question 19

Practice objective / multiple choice question 19 from the 2024 Post Utme Bells University Economics examination.

Post Utme Bells University 2024 Economics Objective / Multiple Choice

Question 19 POST_UTME_BELLS_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \), where L is labor and K is capital. If the firm's current labor and capital inputs are L = 4 and K = 9, respectively, what is the marginal product of capital?

Answer Options

A. \( \frac{1}{2} \sqrt{\frac{L}{K}} \)

Correct Answer B. \( \sqrt{\frac{K}{L}} \)

C. \( \frac{1}{2} \sqrt{\frac{K}{L}} \)

D. \( \frac{L}{2K} \)

Correct Answer

Correct Option:

\( \sqrt{\frac{K}{L}} \)

About This Question

This is Post Utme Bells University 2024 Economics Question 19. It is one of the objective questions from the 2024 Post Utme Bells University Economics examination.

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