Post Utme Skyline University 2017 Economics Question 33
Practice objective / multiple choice question 33 from the 2017 Post Utme Skyline University Economics examination.
A firm's production function is given by Q = 100K^\( 1/2 \)L^\( 1/2 \). If the firm's output is 100 units when K = 16 and L = 16, what is the firm's average product of labor (APL) when K = 16 and L = 16?
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About This Question
This is Post Utme Skyline University 2017 Economics Question 33. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.
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