Post Utme Nile University 2022 Economics Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Nile University Economics examination.

Post Utme Nile University 2022 Economics Objective / Multiple Choice
Question 31 POST_UTME_NILE_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5H^0.5, where Q is output, L is labor and H is capital. If the firm's current labor and capital are 4 and 9 respectively, what is the marginal product of labor?

Answer Options

A. 1
Correct Answer B. 2
C. 3
D. 4
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Nile University 2022 Economics Question 31. It is one of the objective questions from the 2022 Post Utme Nile University Economics examination.

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