Post Utme Rhema University 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L^\( 1/2 \)K^\( 1/2 \). What is the firm's marginal product of labor?

Answer Options

A. L^\( -1/2 \)K^\( 1/2 \)
Correct Answer B. 2L^\( -1/2 \)K^\( 1/2 \)
C. L^\( 1/2 \)K^\( -1/2 \)
D. L^\( -1/2 \)K^\( -1/2 \)
Correct Answer
B
Correct Option:
2L^\( -1/2 \)K^\( 1/2 \)

About This Question

This is Post Utme Rhema University 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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