Post Utme Joseph Ayo Babalola University 2025 Economics Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 29 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 3L^0.5K^0.5. If the firm's current input levels are L = 25 and K = 16, what is the marginal product of capital (MPK) at these input levels?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 29. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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