Post Utme Eksu 2018 Commerce Question 29
Practice objective / multiple choice question 29 from the 2018 Post Utme Eksu Commerce examination.
A firm's cost function is given by C = 100 + 2L + 3K. If the firm wants to minimize its costs and the price of labor is ₦500 per hour, what is the optimal level of capital?
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About This Question
This is Post Utme Eksu 2018 Commerce Question 29. It is one of the objective questions from the 2018 Post Utme Eksu Commerce examination.
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