Post Utme Bsu 2023 Commerce Question 6

Practice objective / multiple choice question 6 from the 2023 Post Utme Bsu Commerce examination.

Post Utme Bsu 2023 Commerce Objective / Multiple Choice
Question 6 POST_UTME_BSU • 2023 • COMMERCE • 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 is currently using 16 units of labor and 9 units of capital, what is the marginal product of labor?

Answer Options

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

About This Question

This is Post Utme Bsu 2023 Commerce Question 6. It is one of the objective questions from the 2023 Post Utme Bsu Commerce examination.

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