Post Utme Delsu 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Delsu Economics examination.

Post Utme Delsu 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_DELSU • 2017 • ECONOMICS • objective

A firm's \cost function is given by the equation TC = 2L + 3K, where TC is the total \cost, L is the number of labor hours, and K is the amount of capital. If the firm has 10 labor hours and 5 units of capital, what is the total \cost?

Answer Options

A. ₦20
Correct Answer B. ₦25
C. ₦30
D. ₦35
Correct Answer
B
Correct Option:
₦25

About This Question

This is Post Utme Delsu 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Delsu Economics examination.

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