Post Utme Delsu 2024 Economics Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Delsu Economics examination.

Post Utme Delsu 2024 Economics Objective / Multiple Choice
Question 9 POST_UTME_DELSU • 2024 • ECONOMICS • objective

A firm has a \cost function C = 100 + 2L + 3K, where C is the total \cost, L is the labor input, and K is the capital input. If the firm produces 20 units of output, what is the marginal \cost?

Answer Options

A. ₦10
Correct Answer B. ₦20
C. ₦30
D. ₦40
Correct Answer
B
Correct Option:
₦20

About This Question

This is Post Utme Delsu 2024 Economics Question 9. It is one of the objective questions from the 2024 Post Utme Delsu Economics examination.

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