Post Utme Madonna University 2024 Economics Question 33
Practice objective / multiple choice question 33 from the 2024 Post Utme Madonna University Economics examination.
A firm is producing a good u\sing two inputs, labor and capital. The production function is given by Q = 2L^0.5K^0.5, where Q is the quantity of output, L is the amount of labor, and K is the amount of capital. If the firm is currently u\sing 4 units of labor and 9 units of capital, what is the marginal product of labor?
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About This Question
This is Post Utme Madonna University 2024 Economics Question 33. It is one of the objective questions from the 2024 Post Utme Madonna University Economics examination.
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