Post Utme Delsu 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Delsu Economics examination.

Post Utme Delsu 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_DELSU • 2017 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3H, where C is \cost, L is labor and H 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. 50, 100
B. 100, 50
C. 200, 25
D. 500, 10
Correct Answer
A
Correct Option:
50, 100

About This Question

This is Post Utme Delsu 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Delsu Economics examination.

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