Post Utme Lautech 2021 Economics Question 5
Practice objective / multiple choice question 5 from the 2021 Post Utme Lautech Economics examination.
A firm is producing a good with a production function Q = 2L^0.5K^0.5, where L is labor and K is capital. If the firm is currently producing 100 units of output and the price of labor is ₦100 per unit, what is the marginal product of labor?
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About This Question
This is Post Utme Lautech 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.
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