Post Utme Esut 2020 Economics Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 37 POST_UTME_ESUT • 2020 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's labor and capital inputs are 100 and 400 respectively, calculate the marginal product of labor.

Answer Options

A. 0.5
B. 1
Correct Answer C. 2
D. 4
Correct Answer
C
Correct Option:
2

About This Question

This is Post Utme Esut 2020 Economics Question 37. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

View More Post Utme Esut 2020 Economics Questions More Post Utme Esut Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support