Post Utme Futa 2022 General Studies Question 15

Practice objective / multiple choice question 15 from the 2022 Post Utme Futa General Studies examination.

Post Utme Futa 2022 General Studies Objective / Multiple Choice
Question 15 POST_UTME_FUTA • 2022 • GENERAL STUDIES • objective

A firm's cost function is given by the equation ( C = 2L + 3K ), where C is the total cost, L is the number of labor units, and K is the number of capital units. If the firm has 5 labor units and 3 capital units, what is the total cost?

Answer Options

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

About This Question

This is Post Utme Futa 2022 General Studies Question 15. It is one of the objective questions from the 2022 Post Utme Futa General Studies examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support