Post Utme Futa 2020 Economics Question 2
Practice objective / multiple choice question 2 from the 2020 Post Utme Futa Economics examination.
A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm's labor and capital inputs are 4 and 9 respectively, what is the value of the marginal product of labor?
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About This Question
This is Post Utme Futa 2020 Economics Question 2. It is one of the objective questions from the 2020 Post Utme Futa Economics examination.
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