Post Utme Lautech 2020 Economics Question 5
Practice objective / multiple choice question 5 from the 2020 Post Utme Lautech Economics examination.
A firm's demand for labor is given by L = 100 - 2P_L, where L is labor and P_L is the wage rate. If the wage rate is ₦20, what is the value of its marginal labor demand?
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About This Question
This is Post Utme Lautech 2020 Economics Question 5. It is one of the objective questions from the 2020 Post Utme Lautech Economics examination.
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