Post Utme Ims U 2017 Economics Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Ims U Economics examination.

Post Utme Ims U 2017 Economics Objective / Multiple Choice
Question 28 POST_UTME_IMS_U • 2017 • ECONOMICS • objective

A firm's production function is given by \( Q = 2L^2 + 3K \), where ( Q ) is the output, ( L ) is labor, and ( K ) is capital. If the firm's current input levels are \( L = 4 \) and \( K = 5 \), what is the value of the marginal product of labor ( MPL )?

Answer Options

Correct Answer A. 16
B. 20
C. 24
D. 28
Correct Answer
A
Correct Option:
16

About This Question

This is Post Utme Ims U 2017 Economics Question 28. It is one of the objective questions from the 2017 Post Utme Ims U Economics examination.

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