Post Utme Bowen University 2019 Economics Question 30
Practice objective / multiple choice question 30 from the 2019 Post Utme Bowen University Economics examination.
A firm's production function is given by Q = 3L^0.5H^0.5, where Q is output, L is labor, and H is capital. If the firm's current labor and capital inputs are L = 9 and H = 16, respectively, what is the marginal product of labor?
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About This Question
This is Post Utme Bowen University 2019 Economics Question 30. It is one of the objective questions from the 2019 Post Utme Bowen University Economics examination.
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