Post Utme Bsu 2024 Commerce Question 8

Practice objective / multiple choice question 8 from the 2024 Post Utme Bsu Commerce examination.

Post Utme Bsu 2024 Commerce Objective / Multiple Choice
Question 8 POST_UTME_BSU • 2024 • COMMERCE • objective

A firm has a production function Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm's labor and capital inputs are 100 units each, what is the marginal product of labor?

Answer Options

Correct Answer A. 0.5
B. 1
C. 2
D. 5
Correct Answer
A
Correct Option:
0.5

About This Question

This is Post Utme Bsu 2024 Commerce Question 8. It is one of the objective questions from the 2024 Post Utme Bsu Commerce examination.

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