Post Utme Summit University 2021 Economics Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Summit University Economics examination.

Post Utme Summit University 2021 Economics Objective / Multiple Choice
Question 36 POST_UTME_SUMMIT_UNIVERSITY • 2021 • ECONOMICS • objective

Consider a production function ( f(x,y) = 2x^2 + 3y^2 ). If the marginal product of x is 4x and the marginal product of y is 6y, what is the rate of change of the production function with respect to x when x = 2 and y = 3?

Answer Options

A. 8
Correct Answer B. 16
C. 32
D. 64
Correct Answer
B
Correct Option:
16

About This Question

This is Post Utme Summit University 2021 Economics Question 36. It is one of the objective questions from the 2021 Post Utme Summit University Economics examination.

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