Post Utme Futa 2018 Economics Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Futa Economics examination.

Post Utme Futa 2018 Economics Objective / Multiple Choice
Question 23 POST_UTME_FUTA • 2018 • ECONOMICS • objective

A firm's production function is given by \( Q = 100K^{\frac{1}{2}}L^{\frac{1}{2}} \), where Q is output, K is capital, and L is labor. If the marginal product of labor is 10 units when K = 9 and L = 4, what is the marginal product of capital?

Answer Options

A. 5 units
B. 10 units
Correct Answer C. 15 units
D. 20 units
Correct Answer
C
Correct Option:
15 units

About This Question

This is Post Utme Futa 2018 Economics Question 23. It is one of the objective questions from the 2018 Post Utme Futa Economics examination.

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