Post Utme Summit University 2018 Economics Question 10
Practice objective / multiple choice question 10 from the 2018 Post Utme Summit University Economics examination.
A firm produces a good u\sing two inputs, labour and capital. The production function for the good is given by Q = 2L^0.5K^0.5, where Q is the quantity produced, L is the amount of labour used, and K is the amount of capital used. If the firm uses 100 units of labour and 200 units of capital, what is the marginal product of labour?
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About This Question
This is Post Utme Summit University 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Summit University Economics examination.
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