Post Utme Unilag 2020 Economics Question 23
Practice objective / multiple choice question 23 from the 2020 Post Utme Unilag Economics examination.
A firm's production function is given by Q = 2L^2 + 3K, where Q is output, L is labor, and K is capital. If the firm's marginal product of labor (MPL) is given by MPL = 4L, what is the firm's average product of labor (APL) when L = 4 and K = 5?
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About This Question
This is Post Utme Unilag 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Unilag Economics examination.
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