Post Utme Lautech 2019 Economics Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Lautech Economics examination.

Post Utme Lautech 2019 Economics Objective / Multiple Choice
Question 4 POST_UTME_LAUTECH • 2019 • ECONOMICS • objective

A firm has a production function given by \( Q = 2L^{0.5}K^{0.5} \). If the firm has 100 units of labor and 50 units of capital, calculate the marginal product of labor.

Answer Options

A. 0.5
Correct Answer B. 1
C. 1.5
D. 2
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Lautech 2019 Economics Question 4. It is one of the objective questions from the 2019 Post Utme Lautech Economics examination.

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