Post Utme Igbinedion University 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current labor and capital inputs are 4 and 9 respectively, what is the marginal product of labor?

Answer Options

A. 1.5
Correct Answer B. 2.5
C. 3.5
D. 4.5
Correct Answer
B
Correct Option:
2.5

About This Question

This is Post Utme Igbinedion University 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Igbinedion University Economics examination.

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