Post Utme Christopher University 2025 Economics Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2025 Economics Objective / Multiple Choice

Question 36 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • ECONOMICS • objective

Consider a firm that produces a homogeneous product u\sing a production function F(K, L) = 10K^0.5L^0.5. If the firm has 100 units of capital and 50 units of labor, find the marginal product of capital and labor.

Answer Options

Correct Answer A. MPK = 2, MPL = 1

B. MPK = 1, MPL = 2

C. MPK = 0.5, MPL = 1

D. MPK = 1, MPL = 0.5

Correct Answer

Correct Option:

MPK = 2, MPL = 1

About This Question

This is Post Utme Christopher University 2025 Economics Question 36. It is one of the objective questions from the 2025 Post Utme Christopher University Economics examination.

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