Post Utme Coal City University 2024 Economics Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2024 Economics Objective / Multiple Choice
Question 40 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • 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 4 and 9 units respectively, what is the marginal product of labor?

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 Coal City University 2024 Economics Question 40. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.

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