Post Utme Ims U 2022 Geography Question 25

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

Post Utme Ims U 2022 Geography Objective / Multiple Choice
Question 25 POST_UTME_IMS_U • 2022 • GEOGRAPHY • objective

A firm's cost function is given by (C = 2L + 3K), where (L) is labor and (K) is capital. If the firm has 10 units of labor and 5 units of capital, what is the total cost?

Answer Options

A. (C = 50)
Correct Answer B. (C = 100)
C. (C = 150)
D. (C = 200)
Correct Answer
B
Correct Option:
(C = 100)

About This Question

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

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