Post Utme Futo 2021 Economics Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Futo Economics examination.

Post Utme Futo 2021 Economics Objective / Multiple Choice
Question 19 POST_UTME_FUTO • 2021 • ECONOMICS • objective

A country's agricultural sector is given by the following production function: Q = 100L^0.5K^0.5, where Q is output, L is labor and K is capital. If the country's labor and capital are 100 units each, what is the marginal product of labor?

Answer Options

Correct Answer A. 50
B. 100
C. 200
D. 500
Correct Answer
A
Correct Option:
50

About This Question

This is Post Utme Futo 2021 Economics Question 19. It is one of the objective questions from the 2021 Post Utme Futo Economics examination.

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