Post Utme Uniosun 2019 Economics Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2019 Economics Objective / Multiple Choice
Question 2 POST_UTME_UNIOSUN • 2019 • ECONOMICS • objective

A firm has a production function of Q = 2L^0.5K^0.5. If the price of labor is $10 and the price of capital is $20, and the firm is currently producing 100 units of output, what is the marginal product of labor?

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 Uniosun 2019 Economics Question 2. It is one of the objective questions from the 2019 Post Utme Uniosun Economics examination.

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