Post Utme Futa 2019 Economics Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Futa Economics examination.

Post Utme Futa 2019 Economics Objective / Multiple Choice
Question 16 POST_UTME_FUTA • 2019 • ECONOMICS • objective

A firm has a production function given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor and K is the capital. If the firm is currently u\sing 4 units of labor and 9 units of capital, what is the marginal product of capital?

Answer Options

A. 0.5
Correct Answer B. 1
C. 1.5
D. 2
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Futa 2019 Economics Question 16. It is one of the objective questions from the 2019 Post Utme Futa Economics examination.

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