Post Utme Esut 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Esut Economics examination.

Post Utme Esut 2022 Economics Objective / Multiple Choice
Question 15 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 capital?

Answer Options

A. 0.0625
Correct Answer B. 0.125
C. 0.25
D. 0.5
Correct Answer
B
Correct Option:
0.125

About This Question

This is Post Utme Esut 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Esut Economics examination.

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