Post Utme Madonna University 2020 Commerce Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2020 Commerce Objective / Multiple Choice
Question 22 POST_UTME_MADONNA_UNIVERSITY • 2020 • COMMERCE • objective

A firm's production function is given by Q = 2L^(1/2)K^(1/2). If the firm's current labor and capital inputs are L = 16 and K = 9, respectively, then the marginal product of labor is:

Answer Options

Correct Answer A. 1/4
B. 1/2
C. 1
D. 2
Correct Answer
A
Correct Option:
1/4

About This Question

This is Post Utme Madonna University 2020 Commerce Question 22. It is one of the objective questions from the 2020 Post Utme Madonna University Commerce examination.

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