Post Utme Noun 2021 Economics Question 36
Practice objective / multiple choice question 36 from the 2021 Post Utme Noun Economics examination.
A firm has a production function Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the amount of labor used, and K is the amount of capital used. If the firm uses 100 units of labor and 200 units of capital, find the marginal product of labor.
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About This Question
This is Post Utme Noun 2021 Economics Question 36. It is one of the objective questions from the 2021 Post Utme Noun Economics examination.
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