Post Utme Eksu 2025 Commerce Question 10

Practice objective / multiple choice question 10 from the 2025 Post Utme Eksu Commerce examination.

Post Utme Eksu 2025 Commerce Objective / Multiple Choice
Question 10 POST_UTME_EKSU • 2025 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3H, where C is the total cost, L is the labor input, and H is the capital input. If the firm wants to minimize its cost, and it has 2 units of labor available, how many units of capital should it hire?

Answer Options

A. 1
Correct Answer B. 2
C. 3
D. 4
Correct Answer
B
Correct Option:
2

About This Question

This is Post Utme Eksu 2025 Commerce Question 10. It is one of the objective questions from the 2025 Post Utme Eksu Commerce examination.

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