Post Utme Unn 2022 Economics Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Unn Economics examination.

Post Utme Unn 2022 Economics Objective / Multiple Choice
Question 37 POST_UTME_UNN • 2022 • ECONOMICS • objective

A firm is producing a good u\sing a production function given by Q = 3L^0.5K^0.5, where Q is the quantity of the good produced, L is the amount of labor used, and K is the amount of capital used. If the firm uses 100 units of labor and 200 units of capital, what is the marginal product of labor?

Answer Options

Correct Answer A. 1.5 units
B. 2.5 units
C. 3.5 units
D. 4.5 units
Correct Answer
A
Correct Option:
1.5 units

About This Question

This is Post Utme Unn 2022 Economics Question 37. It is one of the objective questions from the 2022 Post Utme Unn Economics examination.

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