Post Utme Unilorin 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNILORIN • 2019 • ECONOMICS • objective

A firm is producing a good with a production function Q = 2L^2 + 3K, where Q is the quantity produced, L is the labor input, and K is the capital input. If the firm is currently producing 100 units of output with 10 units of labor and 5 units of capital, find 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 Unilorin 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Unilorin Economics examination.

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