Post Utme Nile University 2018 Economics Question 29
Practice objective / multiple choice question 29 from the 2018 Post Utme Nile University Economics examination.
A firm produces a product u\sing two inputs, labour and capital. The production function is given by Q = 10L^0.5K^0.5, where Q is the quantity produced and L and K are the quantities of labour and capital, respectively. If the firm has 100 units of labour and 50 units of capital, find the quantity produced and the marginal product of labour.
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About This Question
This is Post Utme Nile University 2018 Economics Question 29. It is one of the objective questions from the 2018 Post Utme Nile University Economics examination.
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