Post Utme Futo 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Futo Economics examination.

Post Utme Futo 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_FUTO • 2025 • ECONOMICS • objective

A firm's \cost function is given by C = 2L + 3H, where C is \cost, L is labour and H is capital. If the firm wants to minimize \cost and labour is fixed at 10 units, what is the optimal level of capital?

Answer Options

A. 5
Correct Answer B. 10
C. 15
D. 20
Correct Answer
B
Correct Option:
10

About This Question

This is Post Utme Futo 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Futo Economics examination.

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