Post Utme Uniport 2020 Economics Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Uniport Economics examination.

Post Utme Uniport 2020 Economics Objective / Multiple Choice
Question 12 POST_UTME_UNIPORT • 2020 • ECONOMICS • objective

A firm's production function is given by Q = 100L^0.5K^0.5, where Q is the quantity produced, L is the units of labor, and K is the units of capital. What is the marginal product of labor?

Answer Options

A. 25L^{-0.5}K^{0.5}
Correct Answer B. 50L^{-0.5}K^{0.5}
C. 100L^{-0.5}K^{0.5}
D. 200L^{-0.5}K^{0.5}
Correct Answer
B
Correct Option:
50L^{-0.5}K^{0.5}

About This Question

This is Post Utme Uniport 2020 Economics Question 12. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.

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