Post Utme Unilag 2024 Economics Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Unilag Economics examination.

Post Utme Unilag 2024 Economics Objective / Multiple Choice
Question 39 POST_UTME_UNILAG • 2024 • ECONOMICS • objective

A farmer in Nigeria decides to produce wheat. If the farmer's production function is given by Q = 100L^0.5, where Q is the quantity of wheat produced and L is the labor input, what is the marginal product of labor?

Answer Options

Correct Answer A. \( \frac{100}{2L^{0.5}} \)
B. \( \frac{100}{L^{0.5}} \)
C. \( \frac{100L^{0.5}}{2} \)
D. \( \frac{100L}{2} \)
Correct Answer
A
Correct Option:
\( \frac{100}{2L^{0.5}} \)

About This Question

This is Post Utme Unilag 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Unilag Economics examination.

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