Post Utme Unilorin 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2020 Economics Objective / Multiple Choice
Question 38 POST_UTME_UNILORIN • 2020 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5H^0.5, where Q is output, L is labor and H is capital. If the firm's current labor and capital are 8 and 4 respectively, what is the marginal product of capital?

Answer Options

A. 0.5
Correct Answer B. 1
C. 2
D. 4
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Unilorin 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Unilorin Economics examination.

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