Post Utme Unn 2021 Commerce Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Unn Commerce examination.

Post Utme Unn 2021 Commerce Objective / Multiple Choice
Question 36 POST_UTME_UNN • 2021 • COMMERCE • objective

A firm's production function is given by Q = 2L^0.4K^0.3, where Q is output, L is labor, and K is capital. If the firm hires 100 units of labor and 200 units of capital, what is the marginal product of labor?

Answer Options

A. 8
B. 16
Correct Answer C. 32
D. 64
Correct Answer
C
Correct Option:
32

About This Question

This is Post Utme Unn 2021 Commerce Question 36. It is one of the objective questions from the 2021 Post Utme Unn Commerce examination.

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