Post Utme Uniben 2017 Economics Question 10

Practice objective / multiple choice question 10 from the 2017 Post Utme Uniben Economics examination.

Post Utme Uniben 2017 Economics Objective / Multiple Choice

Question 10 POST_UTME_UNIBEN • 2017 • ECONOMICS • objective

A firm's production function is given by Q = 2L + 3K. Determine the marginal product of labor and capital.

Answer Options

Correct Answer A. MP_L = 2, MP_K = 3

B. MP_L = 3, MP_K = 2

C. MP_L = 4, MP_K = 1

D. MP_L = 1, MP_K = 4

Correct Answer

Correct Option:

MP_L = 2, MP_K = 3

About This Question

This is Post Utme Uniben 2017 Economics Question 10. It is one of the objective questions from the 2017 Post Utme Uniben Economics examination.

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