Post Utme Eksu 2022 Commerce Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Eksu Commerce examination.
A firm's production function is given by Q = 2L^0.5 + 3K^0.5. If the price of labor (L) is ₦50 per unit and the price of capital (K) is ₦100 per unit, what is the total cost of producing 10 units of output?
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About This Question
This is Post Utme Eksu 2022 Commerce Question 2. It is one of the objective questions from the 2022 Post Utme Eksu Commerce examination.
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