New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    The marginal product of labour (L) of the production function F(L, K) = LK2 is , MPL =

    A 2LK Correct Answer Incorrect Answer
    B L2K2 Correct Answer Incorrect Answer
    C K2 Correct Answer Incorrect Answer
    D 2L Correct Answer Incorrect Answer
    E 0.5L2K2 Correct Answer Incorrect Answer

    Solution

    The marginal product of labour (L) of the production function F(L, K) = LK2 is obtained by differentiating the production function with respect to labour. Therefore, MPL = K2

    Practice Next