Post Utme Caleb University 2019 Economics Question 37
Practice objective / multiple choice question 37 from the 2019 Post Utme Caleb University Economics examination.
A firm produces two goods, X and Y, u\sing two inputs, labor and capital. The production function for good X is given by QX = 10L^0.5K^0.5, where QX is the quantity of good X produced, L is the amount of labor used, and K is the amount of capital used. If the firm uses 100 units of labor and 100 units of capital, what is the marginal product of labor?
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About This Question
This is Post Utme Caleb University 2019 Economics Question 37. It is one of the objective questions from the 2019 Post Utme Caleb University Economics examination.
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