Post Utme Crawford University 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2024 Economics Objective / Multiple Choice
Question 14 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ECONOMICS • objective

A firm's \cost function is given by C = 100 + 2L + 3K. If the firm's current inputs are L = 4 and K = 9, what is the total \cost?

Answer Options

A. 250
B. 300
Correct Answer C. 350
D. 400
Correct Answer
C
Correct Option:
350

About This Question

This is Post Utme Crawford University 2024 Economics Question 14. It is one of the objective questions from the 2024 Post Utme Crawford University Economics examination.

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