Post Utme Eksu 2018 Economics Question 38
Practice objective / multiple choice question 38 from the 2018 Post Utme Eksu Economics examination.
A firm's production function is given by Q = 2L^2 + 5L + 1, where L is labor. If the firm's marginal product of labor is MPL(L) = 4L + 5, find the value of L that maximizes the firm's output.
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About This Question
This is Post Utme Eksu 2018 Economics Question 38. It is one of the objective questions from the 2018 Post Utme Eksu Economics examination.
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