Post Utme Redeemers University 2021 Commerce Question 17

Practice objective / multiple choice question 17 from the 2021 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2021 Commerce Objective / Multiple Choice
Question 17 POST_UTME_REDEEMERS_UNIVERSITY • 2021 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current inputs are L = 4 and K = 9, what is the marginal product of labor?

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 2021 Commerce Question 17. It is one of the objective questions from the 2021 Post Utme Redeemers University Commerce examination.

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