Post Utme Wellspring University 2024 Commerce Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Wellspring University Commerce examination.

Post Utme Wellspring University 2024 Commerce Objective / Multiple Choice
Question 10 POST_UTME_WELLSPRING_UNIVERSITY • 2024 • COMMERCE • objective

A firm has a production function given by Q = 2L^0.5K^0.5. If the firm has 100 units of labor and 200 units of capital, what is the marginal product of labor?

Answer Options

A. 0.5
Correct Answer B. 1
C. 2
D. 4
Correct Answer
B
Correct Option:
1

About This Question

This is Post Utme Wellspring University 2024 Commerce Question 10. It is one of the objective questions from the 2024 Post Utme Wellspring University Commerce examination.

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