Post Utme Bsu 2022 Economics Question 1

Practice objective / multiple choice question 1 from the 2022 Post Utme Bsu Economics examination.

Post Utme Bsu 2022 Economics Objective / Multiple Choice
Question 1 POST_UTME_BSU • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5, 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 firm's marginal product of labor (MPL) at this point?

Answer Options

A. 1
Correct Answer B. 2
C. 3
D. 4
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Bsu 2022 Economics Question 1. It is one of the objective questions from the 2022 Post Utme Bsu Economics examination.

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