Post Utme Lasu 2025 Economics Question 27

Practice objective / multiple choice question 27 from the 2025 Post Utme Lasu Economics examination.

Post Utme Lasu 2025 Economics Objective / Multiple Choice
Question 27 POST_UTME_LASU • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 100K^0.5L^0.5, where Q is output, K is capital, and L is labor. If the firm's capital stock is 400 and labor is 900, what is the marginal product of labor?

Answer Options

Correct Answer A. 0.25
B. 0.5
C. 1
D. 2
Correct Answer
A
Correct Option:
0.25

About This Question

This is Post Utme Lasu 2025 Economics Question 27. It is one of the objective questions from the 2025 Post Utme Lasu Economics examination.

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