Post Utme Pan Atlantic University 2020 Economics Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2020 Economics Objective / Multiple Choice
Question 17 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • ECONOMICS • objective

The production function for a firm is given by Q = 2L^0.5K^0.5. If the firm's current inputs are L = 16 and K = 9, what is the marginal product of labor?

Answer Options

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

About This Question

This is Post Utme Pan Atlantic University 2020 Economics Question 17. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Economics examination.

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