Post Utme Oau 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Oau Commerce examination.

Post Utme Oau 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_OAU • 2025 • COMMERCE • objective

A firm's production function is given by Q = 2L^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 50 units of capital, what is the marginal product of labor?

Answer Options

A. 0.5
Correct Answer B. 1
C. 2
D. 5
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Oau 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Oau Commerce examination.

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