Post Utme Lasu 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Lasu Commerce examination.

Post Utme Lasu 2023 Commerce Objective / Multiple Choice
Question 35 POST_UTME_LASU • 2023 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current labor and capital inputs are 16 and 25 respectively, what is the marginal product of labor?

Answer Options

A. 1.5
Correct Answer B. 2.5
C. 3.5
D. 4.5
Correct Answer
B
Correct Option:
2.5

About This Question

This is Post Utme Lasu 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Lasu Commerce examination.

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