Question 8
Based on the above data, answer the given subquestions.
What is the marginal product of labour (MPL)?
(L0.5+ K0.5)L
(L0.5+ K0.5)L-0.5
(L0.5+ K0.5)K-0.5
(L0.5+ K0.5)K
Question 8: What is the marginal product of labour (MPL)?
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Correct answer
(L0.5+ K0.5)L-0.5
Question 8 of 22 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 19 Jul 2026, in the May 2026 term (Managerial Economics 16 Jul 26). It carries 1 mark.
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