Post Utme Eksu 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Eksu Economics examination.

Post Utme Eksu 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_EKSU • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2K^\( 1/2 \)L^\( 1/2 \), where Q is output, K is capital, and L is labor. If the price of capital is ₦100 and the price of labor is ₦50, and the firm is currently u\sing 100 units of capital and 100 units of labor, what is the marginal product of labor?

Answer Options

A. 0.5
B. 1
Correct Answer C. 2
D. 5
Correct Answer
C
Correct Option:
2

About This Question

This is Post Utme Eksu 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Eksu Economics examination.

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