Post Utme Greenfield University 2023 Government Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Greenfield University Government examination.

Post Utme Greenfield University 2023 Government Objective / Multiple Choice
Question 9 POST_UTME_GREENFIELD_UNIVERSITY • 2023 • GOVERNMENT • objective

A firm has a production function given by ( Q = 2L^2 + 3K ), where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm is currently producing 100 units of output with 10 units of labor and 5 units of capital, what is the marginal product of labor?

Answer Options

A. 10
Correct Answer B. 20
C. 30
D. 40
Correct Answer
B
Correct Option:
20

About This Question

This is Post Utme Greenfield University 2023 Government Question 9. It is one of the objective questions from the 2023 Post Utme Greenfield University Government examination.

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