Post Utme Unilag 2020 Commerce Question 6

Practice objective / multiple choice question 6 from the 2020 Post Utme Unilag Commerce examination.

Post Utme Unilag 2020 Commerce Objective / Multiple Choice
Question 6 POST_UTME_UNILAG • 2020 • COMMERCE • objective

A firm specializes in producing a single product. If the firm's production function is given by Q = 100L^0.5, where Q is the quantity produced and L is the labor input, what is the marginal product of labor when L = 100?

Answer Options

Correct Answer A. 50
B. 100
C. 200
D. 500
Correct Answer
A
Correct Option:
50

About This Question

This is Post Utme Unilag 2020 Commerce Question 6. It is one of the objective questions from the 2020 Post Utme Unilag Commerce examination.

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