Post Utme Nile University 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Nile University Economics examination.

Post Utme Nile University 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_NILE_UNIVERSITY • 2018 • ECONOMICS • objective

A firm's production function is given by Q = 100 + 2L + 3K, where Q is the quantity of output produced, L is the labor input, and K is the capital input. If the firm allocates 20 units of labor and 30 units of capital, what is the marginal product of labor?

Answer Options

A. 20
Correct Answer B. 30
C. 40
D. 50
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Nile University 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.

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