Post Utme Bells University 2025 Economics Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Bells University Economics examination.

Post Utme Bells University 2025 Economics Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's \cost function is given by the equation \( C = 2L + 3K \). If the firm's labor is 20 units and capital is 30 units, what is the firm's total \cost?

Answer Options

A. 100
B. 200
Correct Answer C. 300
D. 400
Correct Answer
C
Correct Option:
300

About This Question

This is Post Utme Bells University 2025 Economics Question 5. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.

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