Post Utme Pan Atlantic University 2019 Economics Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2019 Economics Objective / Multiple Choice
Question 16 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • 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 inputs are L = 4 and H = 9, respectively, what is the marginal product of labor (MPL) when H = 9?

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2019 Economics Question 16. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Economics examination.

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