Post Utme Ui 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Ui Commerce examination.

Post Utme Ui 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_UI • 2017 • COMMERCE • objective

A firm has a production function given by Q = 2L^0.5 + 3K^0.5, where Q is the quantity produced, L is labor and K is capital. If the firm has 100 units of labor and 200 units of capital, what is the marginal product of labor?

Answer Options

Correct Answer A. 0.5
B. 1
C. 2
D. 3
Correct Answer
A
Correct Option:
0.5

About This Question

This is Post Utme Ui 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Ui Commerce examination.

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