Post Utme Eksu 2025 Economics Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Eksu Economics examination.

Post Utme Eksu 2025 Economics Objective / Multiple Choice
Question 32 POST_UTME_EKSU • 2025 • ECONOMICS • objective

A firm produces a good u\sing two inputs, labor and capital. The production function is given by \( Q = 2L^{0.5}K^{0.5} \), where Q is the quantity produced, L is the amount of labor used, and K is the amount of capital used. If the firm uses 100 units of labor and 100 units of capital, find the marginal product of labor and the marginal product of capital.

Answer Options

Correct Answer A. Marginal Product of Labor = 0.5, Marginal Product of Capital = 0.5
B. Marginal Product of Labor = 1, Marginal Product of Capital = 1
C. Marginal Product of Labor = 0.25, Marginal Product of Capital = 0.25
D. Marginal Product of Labor = 0.1, Marginal Product of Capital = 0.1
Correct Answer
A
Correct Option:
Marginal Product of Labor = 0.5, Marginal Product of Capital = 0.5

About This Question

This is Post Utme Eksu 2025 Economics Question 32. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.

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