Post Utme Summit University 2021 Economics Question 37

Practice objective / multiple choice question 37 from the 2021 Post Utme Summit University Economics examination.

Post Utme Summit University 2021 Economics Objective / Multiple Choice
Question 37 POST_UTME_SUMMIT_UNIVERSITY • 2021 • ECONOMICS • objective

A firm's production function is given by ( f(x) = 3x^2 - 2x + 1 ). If the marginal product of x is 6x - 2, what is the rate of change of the production function with respect to x when x = 1?

Answer Options

A. 4
Correct Answer B. 6
C. 8
D. 10
Correct Answer
B
Correct Option:
6

About This Question

This is Post Utme Summit University 2021 Economics Question 37. It is one of the objective questions from the 2021 Post Utme Summit University Economics examination.

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