Post Utme Ksu 2025 Economics Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Ksu Economics examination.

Post Utme Ksu 2025 Economics Objective / Multiple Choice
Question 11 POST_UTME_KSU • 2025 • ECONOMICS • objective

Consider a firm operating in a perfectly competitive market with a production function given by Q = 2L^0.5K^0.5. If the firm's current inputs are L = 16 and K = 9, calculate the marginal product of labor (MPL) and marginal product of capital (MPK).

Answer Options

Correct Answer A. MPL = 0.5K^0.5 / L^0.5, MPK = 0.5L^0.5 / K^0.5
B. MPL = 0.25K^0.5 / L^0.5, MPK = 0.25L^0.5 / K^0.5
C. MPL = 0.5L^0.5 / K^0.5, MPK = 0.5K^0.5 / L^0.5
D. MPL = 0.25L^0.5 / K^0.5, MPK = 0.25K^0.5 / L^0.5
Correct Answer
A
Correct Option:
MPL = 0.5K^0.5 / L^0.5, MPK = 0.5L^0.5 / K^0.5

About This Question

This is Post Utme Ksu 2025 Economics Question 11. It is one of the objective questions from the 2025 Post Utme Ksu Economics examination.

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