Post Utme Oau 2018 Economics Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Oau Economics examination.

Post Utme Oau 2018 Economics Objective / Multiple Choice
Question 15 POST_UTME_OAU • 2018 • ECONOMICS • objective

A firm is producing a product with a production function Q = 2L^0.5K^0.5. If the firm's labor (L) is 100 units and its capital (K) is 400 units, what is the firm's marginal product of labor (MPL)?

Answer Options

A. 0.5
Correct Answer B. 1
C. 2
D. 4
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Oau 2018 Economics Question 15. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.

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