Neco 2022 Economics Question 16
Practice objective / multiple choice question 16 from the 2022 Neco Economics examination.
Given a production function ( Q = 10 \sqrt{L}\,\sqrt{K} \) where (L\) is labour (units) and (K\) is capital (units). Capital is fixed. When labour is increased from 16 to 25 units, total product rises by 40 units. Determine the marginal product of labour at (L = 20\) units.
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About This Question
This is Neco 2022 Economics Question 16. It is one of the objective questions from the 2022 Neco Economics examination.
Difficulty level: Medium .
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