Post Utme Bsu 2024 Economics Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Bsu Economics examination.

Post Utme Bsu 2024 Economics Objective / Multiple Choice
Question 23 POST_UTME_BSU • 2024 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3K. If the firm's current inputs are L = 10 and K = 5, what is the firm's current \cost?

Answer Options

A. ₦50
Correct Answer B. ₦60
C. ₦70
D. ₦80
Correct Answer
B
Correct Option:
₦60

About This Question

This is Post Utme Bsu 2024 Economics Question 23. It is one of the objective questions from the 2024 Post Utme Bsu Economics examination.

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