Post Utme Lasu 2018 Economics Question 29
Practice objective / multiple choice question 29 from the 2018 Post Utme Lasu Economics examination.
A firm is producing a good with a production function given by Q = 2L^0.5K^0.5, where L is labor and K is capital. If the firm's marginal product of labor (MPL) is given by MPL = L^\( -0.5 \)K^0.5, what is the value of the MPL when L = 4 and K = 9?
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About This Question
This is Post Utme Lasu 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Lasu Economics examination.
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