Post Utme Lautech 2018 Economics Question 9

Practice objective / multiple choice question 9 from the 2018 Post Utme Lautech Economics examination.

Post Utme Lautech 2018 Economics Objective / Multiple Choice
Question 9 POST_UTME_LAUTECH • 2018 • ECONOMICS • objective

A firm produces a commodity u\sing two inputs, labor (L) and capital (K). The production function is given by Q = 2L + 3K. If the firm has 10 units of labor and 8 units of capital, find the marginal product of labor and the marginal product of capital.

Answer Options

Correct Answer A. 2, 3
B. 3, 2
C. 4, 5
D. 5, 4
Correct Answer
A
Correct Option:
2, 3

About This Question

This is Post Utme Lautech 2018 Economics Question 9. It is one of the objective questions from the 2018 Post Utme Lautech Economics examination.

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