Post Utme Bsu 2022 Economics Question 30

Practice objective / multiple choice question 30 from the 2022 Post Utme Bsu Economics examination.

Post Utme Bsu 2022 Economics Objective / Multiple Choice
Question 30 POST_UTME_BSU • 2022 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3K, where C is the \cost, L is the labor and K is the capital. If the firm wants to minimize its \cost and the labor is 10 units, what is the optimal capital?

Answer Options

A. ₦30
Correct Answer B. ₦40
C. ₦50
D. ₦60
Correct Answer
B
Correct Option:
₦40

About This Question

This is Post Utme Bsu 2022 Economics Question 30. It is one of the objective questions from the 2022 Post Utme Bsu Economics examination.

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