Post Utme Elizade University 2025 Economics Question 16

Practice objective / multiple choice question 16 from the 2025 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2025 Economics Objective / Multiple Choice
Question 16 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ECONOMICS • objective

Consider a production function ( f(x) = 2x^2 + 3x + 1 ) where ( x ) represents the number of units produced. If the marginal product of labor is 5 units when \( x = 4 \), what is the value of the marginal product of labor when \( x = 5 \)?

Answer Options

A. 10
Correct Answer B. 12
C. 15
D. 20
Correct Answer
B
Correct Option:
12

About This Question

This is Post Utme Elizade University 2025 Economics Question 16. It is one of the objective questions from the 2025 Post Utme Elizade University Economics examination.

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