Post Utme Uniben 2024 Economics Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Uniben Economics examination.

Post Utme Uniben 2024 Economics Objective / Multiple Choice
Question 21 POST_UTME_UNIBEN • 2024 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current input levels are L = 16 and K = 9, what is the marginal product of labor (MPL) at these input levels?

Answer Options

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

About This Question

This is Post Utme Uniben 2024 Economics Question 21. It is one of the objective questions from the 2024 Post Utme Uniben Economics examination.

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