Post Utme Eksu 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Eksu Commerce examination.

Post Utme Eksu 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_EKSU • 2017 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3K, where L is the number of workers and K is the number of machines. If the firm's current output is 16 units and the number of workers is 4, how many machines does the firm need to produce 25 units of output?

Answer Options

A. 4
B. 6
Correct Answer C. 8
D. 10
Correct Answer
C
Correct Option:
8

About This Question

This is Post Utme Eksu 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Eksu Commerce examination.

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