Post Utme Unilag 2020 Commerce Question 10

Practice objective / multiple choice question 10 from the 2020 Post Utme Unilag Commerce examination.

Post Utme Unilag 2020 Commerce Objective / Multiple Choice
Question 10 POST_UTME_UNILAG • 2020 • COMMERCE • objective

A firm has a production function given by Q = 2L^2 + 3K^2, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm's labor input is 5 units and its capital input is 3 units, what is the marginal product of labor?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Unilag 2020 Commerce Question 10. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.

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