Post Utme Joseph Ayo Babalola University 2025 Economics Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2025 Economics Objective / Multiple Choice
Question 8 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2025 • ECONOMICS • objective

A firm's \cost function is given by C(L, H) = 2L + 3H. If the firm produces 100 units of output, find the total \cost.

Answer Options

A. ₦500
Correct Answer B. ₦600
C. ₦700
D. ₦800
Correct Answer
B
Correct Option:
₦600

About This Question

This is Post Utme Joseph Ayo Babalola University 2025 Economics Question 8. It is one of the objective questions from the 2025 Post Utme Joseph Ayo Babalola University Economics examination.

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