Post Utme Futa 2021 Commerce Question 19
Practice objective / multiple choice question 19 from the 2021 Post Utme Futa Commerce examination.
A firm's production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm increases its labor input from 100 to 121 units, and its capital input from 100 to 121 units, what is the marginal product of labor?
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About This Question
This is Post Utme Futa 2021 Commerce Question 19. It is one of the objective questions from the 2021 Post Utme Futa Commerce examination.
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