Post Utme Summit University 2022 Economics Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Summit University Economics examination.

Post Utme Summit University 2022 Economics Objective / Multiple Choice
Question 15 POST_UTME_SUMMIT_UNIVERSITY • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm hires 25 workers and 16 machines, find the marginal product of labor.

Answer Options

A. 0.5
Correct Answer B. 1
C. 2
D. 4
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Summit University 2022 Economics Question 15. It is one of the objective questions from the 2022 Post Utme Summit University Economics examination.

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