Post Utme Unn 2019 Economics Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Unn Economics examination.

Post Utme Unn 2019 Economics Objective / Multiple Choice
Question 11 POST_UTME_UNN • 2019 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5. If the firm's current labor and capital inputs are L = 16 and K = 9, respectively, what is the marginal product of labor (MPL) when the firm is producing at the given inputs?

Answer Options

A. 1
Correct Answer B. 2
C. 3
D. 4
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Unn 2019 Economics Question 11. It is one of the objective questions from the 2019 Post Utme Unn Economics examination.

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