Post Utme Igbinedion University 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_IGBINEDION_UNIVERSITY • 2025 • ECONOMICS • objective

A firm has a production function given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. If the firm has 4 units of labor and 9 units of capital, what is the marginal product of labor?

Answer Options

A. 0.5
B. 1
Correct Answer C. 1.5
D. 2
Correct Answer
C
Correct Option:
1.5

About This Question

This is Post Utme Igbinedion University 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Igbinedion University Economics examination.

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