Post Utme Ims U 2024 Economics Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Ims U Economics examination.

Post Utme Ims U 2024 Economics Objective / Multiple Choice
Question 37 POST_UTME_IMS_U • 2024 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5H^0.5, where Q is output, L is labor, and H is capital. If the firm's current labor and capital inputs are L = 16 and H = 9, respectively, what is the marginal product of capital (MPK) when the firm is producing at the given input levels?

Answer Options

A. 1
B. 2
C. 3
Correct Answer D. 4
Correct Answer
D
Correct Option:
4

About This Question

This is Post Utme Ims U 2024 Economics Question 37. It is one of the objective questions from the 2024 Post Utme Ims U Economics examination.

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