Post Utme Wellspring University 2025 Economics Question 13

Practice objective / multiple choice question 13 from the 2025 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2025 Economics Objective / Multiple Choice
Question 13 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's production function is given by Q = 2L^0.5K^0.5, where Q is the output, L is the labor, and K is the capital. What is the marginal product of labor (MPL) when L = 4 and K = 9?

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 Wellspring University 2025 Economics Question 13. It is one of the objective questions from the 2025 Post Utme Wellspring University Economics examination.

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