Post Utme Rhema University 2022 Economics Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2022 Economics Objective / Multiple Choice
Question 38 POST_UTME_RHEMA_UNIVERSITY • 2022 • ECONOMICS • objective

A firm is producing a good with a production function Q = 2L^0.5K^0.5. If the firm has 100 units of labor and 50 units of capital, what is the marginal product of labor?

Answer Options

A. 0.5
B. 1
Correct Answer C. 2
D. 4
Correct Answer
C
Correct Option:
2

About This Question

This is Post Utme Rhema University 2022 Economics Question 38. It is one of the objective questions from the 2022 Post Utme Rhema University Economics examination.

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