Post Utme Abu 2018 Economics Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Abu Economics examination.

Post Utme Abu 2018 Economics Objective / Multiple Choice
Question 13 POST_UTME_ABU • 2018 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3H. If the firm's current labor and capital inputs are L = 8 and H = 6, respectively, what is the total \cost of production?

Answer Options

A. ₦38
Correct Answer B. ₦40
C. ₦42
D. ₦44
Correct Answer
B
Correct Option:
₦40

About This Question

This is Post Utme Abu 2018 Economics Question 13. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.

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