Post Utme Esut 2023 General Studies Question 38
Practice objective / multiple choice question 38 from the 2023 Post Utme Esut General Studies examination.
A firm's production function is given by the equation Q = 2L^(1/2)K^(1/2), where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm is currently producing 16 units of output with 4 units of labor and 9 units of capital, what is the marginal product of labor?
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About This Question
This is Post Utme Esut 2023 General Studies Question 38. It is one of the objective questions from the 2023 Post Utme Esut General Studies examination.
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