Post Utme Lautech 2017 Economics Question 36
Practice objective / multiple choice question 36 from the 2017 Post Utme Lautech Economics examination.
A firm's \cost function is given by the equation C = 2L + 3K, where C is the \cost, L is the labor and K is the capital. If the firm's labor and capital are 5 and 10 respectively, find the \cost.
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About This Question
This is Post Utme Lautech 2017 Economics Question 36. It is one of the objective questions from the 2017 Post Utme Lautech Economics examination.
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