Post Utme Delsu 2025 Commerce Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Delsu Commerce examination.

Post Utme Delsu 2025 Commerce Objective / Multiple Choice
Question 26 POST_UTME_DELSU • 2025 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3K, where C is cost, L is labor, and K is capital. If the firm hires 10 units of labor and 5 units of capital, what is its total cost?

Answer Options

A. 20 units of cost
Correct Answer B. 30 units of cost
C. 40 units of cost
D. 50 units of cost
Correct Answer
B
Correct Option:
30 units of cost

About This Question

This is Post Utme Delsu 2025 Commerce Question 26. It is one of the objective questions from the 2025 Post Utme Delsu Commerce examination.

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