Post Utme Ims U 2021 Economics Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Ims U Economics examination.

Post Utme Ims U 2021 Economics Objective / Multiple Choice
Question 33 POST_UTME_IMS_U • 2021 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. What is the firm's marginal product of labor (MPL) when L = 4 and K = 9?

Answer Options

A. MPL = 0.5
B. MPL = 1
Correct Answer C. MPL = 2
D. MPL = 4
Correct Answer
C
Correct Option:
MPL = 2

About This Question

This is Post Utme Ims U 2021 Economics Question 33. It is one of the objective questions from the 2021 Post Utme Ims U Economics examination.

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