Post Utme Uniosun 2020 Economics Question 12
Practice objective / multiple choice question 12 from the 2020 Post Utme Uniosun Economics examination.
A firm is producing a good with the following production function: Q = 2L^0.5 * K^0.5. If the price of labor is $10 per unit and the price of capital is $20 per unit, and the firm is currently producing 100 units of output, what is the marginal product of labor?
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About This Question
This is Post Utme Uniosun 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Uniosun Economics examination.
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