Post Utme Bsu 2023 Economics Question 11

Practice objective / multiple choice question 11 from the 2023 Post Utme Bsu Economics examination.

Post Utme Bsu 2023 Economics Objective / Multiple Choice
Question 11 POST_UTME_BSU • 2023 • ECONOMICS • objective

A firm's production function is given by Q = 2L^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 = 4 and H = 9, respectively, what is the marginal product of labor (MPL) when L = 5?

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 2023 Economics Question 11. It is one of the objective questions from the 2023 Post Utme Bsu Economics examination.

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