Post Utme Redeemers University 2017 Economics Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2017 Economics Objective / Multiple Choice
Question 15 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current inputs are L = 16 and K = 9, what is the firm's marginal product of capital (MPC) when the firm is producing at the current level of inputs?

Answer Options

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

About This Question

This is Post Utme Redeemers University 2017 Economics Question 15. It is one of the objective questions from the 2017 Post Utme Redeemers University Economics examination.

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