Post Utme Mountain Top University 2023 Economics Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2023 Economics Objective / Multiple Choice
Question 10 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2023 • ECONOMICS • objective

A firm is producing a good with a production function \( Q = 2L^2 + 3K \). If the price of labor is ₦100 per unit and the price of capital is ₦200 per unit, what is the marginal product of labor?

Answer Options

Correct Answer A. ₦400L
B. ₦200L
C. ₦100L
D. ₦50L
Correct Answer
A
Correct Option:
₦400L

About This Question

This is Post Utme Mountain Top University 2023 Economics Question 10. It is one of the objective questions from the 2023 Post Utme Mountain Top University Economics examination.

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