Post Utme Ims U 2022 Economics Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Ims U Economics examination.

Post Utme Ims U 2022 Economics Objective / Multiple Choice
Question 25 POST_UTME_IMS_U • 2022 • ECONOMICS • objective

A firm has a \cost function: C(L, K) = 2L + 3K. If the firm's labor and capital inputs are 6 and 8 respectively, what is the firm's total \cost?

Answer Options

A. 20
B. 30
Correct Answer C. 40
D. 50
Correct Answer
C
Correct Option:
40

About This Question

This is Post Utme Ims U 2022 Economics Question 25. It is one of the objective questions from the 2022 Post Utme Ims U Economics examination.

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