Post Utme Ksu 2019 Commerce Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Ksu Commerce examination.

Post Utme Ksu 2019 Commerce Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2019 • COMMERCE • objective

A firm's cost function is given by C = 2L + 3K. If the firm's current inputs are L = 6 and K = 4, what is the total cost?

Answer Options

A. 30
Correct Answer B. 40
C. 50
D. 60
Correct Answer
B
Correct Option:
40

About This Question

This is Post Utme Ksu 2019 Commerce Question 18. It is one of the objective questions from the 2019 Post Utme Ksu Commerce examination.

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