Post Utme Summit University 2018 Economics Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Summit University Economics examination.

Post Utme Summit University 2018 Economics Objective / Multiple Choice
Question 2 POST_UTME_SUMMIT_UNIVERSITY • 2018 • ECONOMICS • objective

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

Answer Options

A. 1
Correct Answer B. 2
C. 3
D. 4
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Summit University 2018 Economics Question 2. It is one of the objective questions from the 2018 Post Utme Summit University Economics examination.

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