Post Utme Esut 2022 Economics Question 11

Practice objective / multiple choice question 11 from the 2022 Post Utme Esut Economics examination.

Post Utme Esut 2022 Economics Objective / Multiple Choice
Question 11 POST_UTME_ESUT • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \), where Q is output, L is labor, and K is capital. If the firm's current labor and capital inputs are 16 and 25 respectively, what is the marginal product of labor?

Answer Options

Correct Answer A. 1.25
B. 2.5
C. 5
D. 10
Correct Answer
A
Correct Option:
1.25

About This Question

This is Post Utme Esut 2022 Economics Question 11. It is one of the objective questions from the 2022 Post Utme Esut Economics examination.

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