Post Utme Bsu 2018 Commerce Question 33
Practice objective / multiple choice question 33 from the 2018 Post Utme Bsu Commerce examination.
A company's cost function is given by C = 100 + 2L + 3K, where C is the total cost, L is the labor input, and K is the capital input. If the company wants to minimize its cost while keeping labor input constant at 50 units, what should be the optimal capital input?
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About This Question
This is Post Utme Bsu 2018 Commerce Question 33. It is one of the objective questions from the 2018 Post Utme Bsu Commerce examination.
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