Post Utme Rsu 2023 Economics Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Rsu Economics examination.

Post Utme Rsu 2023 Economics Objective / Multiple Choice
Question 21 POST_UTME_RSU • 2023 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5H^0.5, where Q is output, L is labor, and H is capital. If the firm's current labor and capital inputs are L = 4 and H = 9, respectively, what is the marginal product of labor (MPL) when the firm is producing at the given input levels?

Answer Options

Correct Answer A. 1.5
B. 2.5
C. 3.5
D. 4.5
Correct Answer
A
Correct Option:
1.5

About This Question

This is Post Utme Rsu 2023 Economics Question 21. It is one of the objective questions from the 2023 Post Utme Rsu Economics examination.

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