Post Utme Ims U 2021 Economics Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Ims U Economics examination.

Post Utme Ims U 2021 Economics Objective / Multiple Choice
Question 23 POST_UTME_IMS_U • 2021 • ECONOMICS • objective

A firm has a production function given by Q = 2L + 3K, where L is labor and K is capital. If the firm has 10 units of labor and 5 units of capital, what is the marginal product of labor?

Answer Options

A. 2
Correct Answer B. 3
C. 4
D. 5
Correct Answer
B
Correct Option:
3

About This Question

This is Post Utme Ims U 2021 Economics Question 23. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.

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