Post Utme Bells University 2023 Commerce Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Bells University Commerce examination.

Post Utme Bells University 2023 Commerce Objective / Multiple Choice
Question 24 POST_UTME_BELLS_UNIVERSITY • 2023 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3K. If the firm's current input levels are L = 4 and K = 9, what is the total cost?

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 Bells University 2023 Commerce Question 24. It is one of the objective questions from the 2023 Post Utme Bells University Commerce examination.

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