Post Utme Nile University 2019 Economics Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Nile University Economics examination.

Post Utme Nile University 2019 Economics Objective / Multiple Choice
Question 32 POST_UTME_NILE_UNIVERSITY • 2019 • ECONOMICS • objective

A firm is producing a good u\sing a production function with the following characteristics: Q = 2L^0.5K^0.5. If the firm increases the quantity of labor from 100 to 120, and keeps the quantity of capital cons\tant at 100, what is the new marginal product of labor?

Answer Options

A. 10
B. 15
Correct Answer C. 20
D. 25
Correct Answer
C
Correct Option:
20

About This Question

This is Post Utme Nile University 2019 Economics Question 32. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.

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