Post Utme Unilorin 2022 Economics Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2022 Economics Objective / Multiple Choice

Question 25 POST_UTME_UNILORIN • 2022 • ECONOMICS • objective

A firm's production function is given by Q = 100 + 2L - 3K. If the firm's labor and capital inputs are 50 and 20 respectively, calculate the marginal product of labor and the marginal product of capital.

Answer Options

Correct Answer A. 2, 3

B. 3, 2

C. 4, 5

D. 5, 4

Correct Answer

Correct Option:

2, 3

About This Question

This is Post Utme Unilorin 2022 Economics Question 25. It is one of the objective questions from the 2022 Post Utme Unilorin Economics examination.

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