Post Utme Lautech 2019 Commerce Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Lautech Commerce examination.

Post Utme Lautech 2019 Commerce Objective / Multiple Choice
Question 22 POST_UTME_LAUTECH • 2019 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current level of labor is 16 units and the current level of capital is 9 units, what is the marginal product of labor?

Answer Options

Correct Answer A. 0.5
B. 1
C. 2
D. 3
Correct Answer
A
Correct Option:
0.5

About This Question

This is Post Utme Lautech 2019 Commerce Question 22. It is one of the objective questions from the 2019 Post Utme Lautech Commerce examination.

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