Post Utme Igbinedion University 2021 Economics Question 16
Practice objective / multiple choice question 16 from the 2021 Post Utme Igbinedion University Economics examination.
A firm is producing a good with a production function \( Q = 2L^2 + 3K^2 \), where ( L ) is labor and ( K ) is capital. If the firm is currently producing 100 units of the good with 10 units of labor and 5 units of capital, what is the average product of labor?
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About This Question
This is Post Utme Igbinedion University 2021 Economics Question 16. It is one of the objective questions from the 2021 Post Utme Igbinedion University Economics examination.
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