Post Utme Delsu 2020 Economics Question 34
Practice objective / multiple choice question 34 from the 2020 Post Utme Delsu Economics examination.
A firm's \cost function is given by C = 2L + 3K. If the firm's current output is 16 units, and it wants to increase output to 25 units, what should be the new ratio of labor to capital?
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About This Question
This is Post Utme Delsu 2020 Economics Question 34. It is one of the objective questions from the 2020 Post Utme Delsu Economics examination.
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