Post Utme Igbinedion University 2023 Economics Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2023 Economics Objective / Multiple Choice
Question 16 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current input levels are L = 16 and K = 9, what is the marginal product of labor (MPL) at these input levels?

Answer Options

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

About This Question

This is Post Utme Igbinedion University 2023 Economics Question 16. It is one of the objective questions from the 2023 Post Utme Igbinedion University Economics examination.

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