Post Utme Bells University 2019 Commerce Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Bells University Commerce examination.

Post Utme Bells University 2019 Commerce Objective / Multiple Choice
Question 29 POST_UTME_BELLS_UNIVERSITY • 2019 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3K. If the firm's current cost is ₦1,500 and the number of workers (L) is 3, how many units of capital (K) are required?

Answer Options

A. 2
B. 4
Correct Answer C. 6
D. 8
Correct Answer
C
Correct Option:
6

About This Question

This is Post Utme Bells University 2019 Commerce Question 29. It is one of the objective questions from the 2019 Post Utme Bells University Commerce examination.

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