Post Utme Lautech 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Lautech Economics examination.

Post Utme Lautech 2025 Economics Objective / Multiple Choice
Question 37 POST_UTME_LAUTECH • 2025 • ECONOMICS • objective

A firm is producing a good u\sing a production function given by Q = 2L^0.5K^0.5. If the firm has 100 units of Labour and 200 units of Capital, what is the value of the marginal product of Labour?

Answer Options

A. 0.5
Correct Answer B. 1.0
C. 1.5
D. 2.0
Correct Answer
B
Correct Option:
1.0

About This Question

This is Post Utme Lautech 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Lautech Economics examination.

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