Post Utme Summit University 2023 Commerce Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Summit University Commerce examination.

Post Utme Summit University 2023 Commerce Objective / Multiple Choice
Question 27 POST_UTME_SUMMIT_UNIVERSITY • 2023 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.5 + 3K^0.5. If the firm's current inputs are L = 4 and K = 9, what is the marginal product of labor?

Answer Options

A. 1.5
Correct Answer B. 2.5
C. 3.5
D. 4.5
Correct Answer
B
Correct Option:
2.5

About This Question

This is Post Utme Summit University 2023 Commerce Question 27. It is one of the objective questions from the 2023 Post Utme Summit University Commerce examination.

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