Post Utme Delsu 2023 Commerce Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Delsu Commerce examination.

Post Utme Delsu 2023 Commerce Objective / Multiple Choice
Question 39 POST_UTME_DELSU • 2023 • COMMERCE • objective

A company has a production function Q = 3L^0.5K^0.5. If the price of labor is 15 per unit and the price of capital is 30 per unit, and if the company is currently producing 150 units of output, what is the value of the marginal product of capital?

Answer Options

A. 45
Correct Answer B. 60
C. 75
D. 90
Correct Answer
B
Correct Option:
60

About This Question

This is Post Utme Delsu 2023 Commerce Question 39. It is one of the objective questions from the 2023 Post Utme Delsu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support