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

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