Post Utme Joseph Ayo Babalola University 2024 Commerce Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2024 Commerce Objective / Multiple Choice
Question 15 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • COMMERCE • objective

A firm's production function is given by Q = 2L^(1/2)K^(1/2). If L = 4 and K = 9, what is the marginal product of labor?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Commerce Question 15. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Commerce examination.

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