Post Utme Crawford University 2024 Economics Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2024 Economics Objective / Multiple Choice
Question 12 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current inputs are L = 4 and K = 9, what is the marginal product of labor?

Answer Options

A. 0.5
B. 1
Correct Answer C. 1.5
D. 2
Correct Answer
C
Correct Option:
1.5

About This Question

This is Post Utme Crawford University 2024 Economics Question 12. It is one of the objective questions from the 2024 Post Utme Crawford University Economics examination.

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