Post Utme Elizade University 2021 Economics Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2021 Economics Objective / Multiple Choice
Question 29 POST_UTME_ELIZADE_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5 K^0.5. If the firm's current input levels are L = 16 and K = 9, what is the marginal product of capital (MPK) at these input levels?

Answer Options

A. 1
B. 2
C. 3
Correct Answer D. 4
Correct Answer
D
Correct Option:
4

About This Question

This is Post Utme Elizade University 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Elizade University Economics examination.

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