Post Utme Skyline University 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm uses 16 units of labor and 9 units of capital, what is the marginal product of labor?

Answer Options

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

About This Question

This is Post Utme Skyline University 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Skyline University Economics examination.

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