Post Utme Unilorin 2020 Commerce Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2020 Commerce Objective / Multiple Choice
Question 25 POST_UTME_UNILORIN • 2020 • COMMERCE • objective

In a production function, the marginal product of labor (MPL) is given by the derivative of the production function with respect to labor. If the production function is MPL = 2L^2 + 3L + 1, find the value of L that maximizes MPL.

Answer Options

A. 1
Correct Answer B. 2
C. 3
D. 4
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Unilorin 2020 Commerce Question 25. It is one of the objective questions from the 2020 Post Utme Unilorin Commerce examination.

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