Post Utme Futo 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Futo Economics examination.

Post Utme Futo 2020 Economics Objective / Multiple Choice
Question 30 POST_UTME_FUTO • 2020 • ECONOMICS • objective

A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \), where Q is output, L is labor, and K is capital. If the firm's current labor and capital inputs are 16 and 9 respectively, what is the marginal product of capital?

Answer Options

Correct Answer A. 1/2
B. 1/4
C. 1/8
D. 1/16
Correct Answer
A
Correct Option:
1/2

About This Question

This is Post Utme Futo 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.

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