Post Utme Eksu 2020 Economics Question 11

Practice objective / multiple choice question 11 from the 2020 Post Utme Eksu Economics examination.

Post Utme Eksu 2020 Economics Objective / Multiple Choice
Question 11 POST_UTME_EKSU • 2020 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's output is 16 units when labor (L) is 4 units and capital (K) is 4 units, what is the marginal product of labor (MPL) when labor (L) is 4 units and capital (K) is 4 units?

Answer Options

Correct Answer A. 2
B. 4
C. 8
D. 16
Correct Answer
A
Correct Option:
2

About This Question

This is Post Utme Eksu 2020 Economics Question 11. It is one of the objective questions from the 2020 Post Utme Eksu Economics examination.

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