Post Utme Esut 2025 Economics Question 20

Practice objective / multiple choice question 20 from the 2025 Post Utme Esut Economics examination.

Post Utme Esut 2025 Economics Objective / Multiple Choice
Question 20 POST_UTME_ESUT • 2025 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3K, where C is total \cost, L is labor and K is capital. If the firm's current labor and capital inputs are 4 and 9 units respectively, what is the firm's total \cost?

Answer Options

A. 25
Correct Answer B. 30
C. 35
D. 40
Correct Answer
B
Correct Option:
30

About This Question

This is Post Utme Esut 2025 Economics Question 20. It is one of the objective questions from the 2025 Post Utme Esut Economics examination.

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