Post Utme Bsu 2025 Commerce Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Bsu Commerce examination.

Post Utme Bsu 2025 Commerce Objective / Multiple Choice
Question 24 POST_UTME_BSU • 2025 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3K, where C is cost, L is labor, and K is capital. If the firm wants to minimize its cost while producing 100 units of output, how much labor and capital should it use?

Answer Options

Correct Answer A. L = 20, K = 30
B. L = 30, K = 20
C. L = 40, K = 10
D. L = 10, K = 40
Correct Answer
A
Correct Option:
L = 20, K = 30

About This Question

This is Post Utme Bsu 2025 Commerce Question 24. It is one of the objective questions from the 2025 Post Utme Bsu Commerce examination.

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